Prospect Ridge Raises $339,999.98 in Second Tranche of Private Placement

• Prospect Ridge Resources closed the second tranche of its non-brokered private placement on October 21, 2026, raising $339,999.98.
• The tranche comprised 4,533,333 critical mineral flow-through units priced at $0.075 each.
• Total proceeds reached $1.69 million from 22,468,355 units, including the first tranche closed October 13, 2026.
• Additional investor interest prompted an increase in the offering to 24,485,002 units, targeting gross proceeds of $1.84 million.
• Proceeds will primarily fund a 2,500-meter drill program at Camelot and preparations for spring drilling at Excalibur in British Columbia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prospect Ridge Resources Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610211600ACCESSWRNAPR_____1239455) on October 21, 2026, and is solely responsible for the information contained therein.