Elton Resources Raises $3.47 Million in Flow-Through Private Placement

• Elton Resources closed a non-brokered private placement of 15,780,328 flow-through units at $0.22 each, raising $3.47 million on October 30, 2026.
• Each unit comprises one flow-through common share and one-half of a flow-through common share purchase warrant.
• Each whole warrant is exercisable for one non-flow-through common share at $0.30 for three years from issuance.
• Proceeds will fund qualifying Canadian critical mineral exploration expenditures by December 31, 2027, with renunciation effective no later than December 31, 2026.
• The offering remains subject to final TSX Venture Exchange approval.

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. Elton Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610301700NEWSFILECNPR____20261030_321908_1) on October 30, 2026, and is solely responsible for the information contained therein.