Goldrea Resources Corp. announced announced a non-brokered private placement of 6,000,000 units at a price of CAD 0.015 per unit for the gross proceeds of CAD 90,000 on February 9, 2024. Each unit will comprise one common share and a common share purchase warrant with an exercise price of CAD 0.015 for a period of three years.

All securities issued under the private placement will be subject to resale restrictions, including a four-month hold. A finder's fee may be paid in connection with the financing.