Ascot Announces Closing of the First Tranche of Private Placement, Changes to Leadership and Creditor Restructuring

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VANCOUVER, British Columbia, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSXV: AOT.H; OTCID: AOTVF) (“Ascot” or the “Company”) is pleased to announce that it has closed the first tranche (the “First Tranche”) of the “best efforts” brokered private placement (the “Offering”) of units of the Company that was previously announced on December 22, 2025, with participation from large shareholders including Ccori Apu.