Goldrea Resources Corp. announced a non-brokered private placement of 11,430,000 units at a price of CAD 0.035 per unit for the aggregate gross proceeds of CAD 400,050 on April 3, 2023. Each unit will consist of one common share and one common share purchase warrant which entitles the holder to buy one share at CAD 0.06 during the two years following the warrant's issuance date.

All securities issued under the private placements will be subject to a four-month hold period. A finder's fee may be paid in connection with the financing.