Precore Gold Closes First Tranche of Private Placement

VANCOUVER, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Precore Gold Corp. (CSE: PRCG) (the “Company” or “Precore Gold”) is pleased to announce that it has completed the first tranche (the “First Tranche”) of the non-brokered private placement (the “Private Placement”) previously announced on August 21, 2025, for aggregate gross proceeds of C$1,000,029.60. The First Tranche consisted of the sale of 5,555,720 units of the Company (the “Units”) at a price of C$0.18 per Unit, with each Unit consisting of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one additional Common Share (a “Warrant Share”) for a period of thirty-six (36) months at an exercise price of C$0.25 per Warrant Share.