Delta Resources Announces Premium Charity Flow Through Financing

Delta Resources Limited has announced a $5 million charity flow-through private placement financing arrangement with Wealth Creation Preservation & Donation Inc. The offering consists of up to 20.4 million units priced at $0.245 per unit, with each unit including one flow-through share and half a warrant exercisable at $0.28 for 30 months. The financing structure provides tax advantages to investors while ensuring proceeds are directed toward Canadian exploration expenses.

The company plans to deploy the funds for continued exploration at its flagship Delta-1 Gold Project located approximately 50 kilometers west of Thunder Bay, Ontario. This strategic positioning adjacent to the Trans-Canada Highway provides excellent infrastructure access for future development activities. The project's centerpiece, the Eureka Gold Deposit, represents a substantial mineralized system extending 2.5 kilometers in strike length with depth potential exceeding 300 meters.

The financing demonstrates Delta Resources' commitment to advancing its gold exploration program in a jurisdiction known for its mining-friendly regulatory environment. Ontario's established mining infrastructure and proximity to processing facilities make the Delta-1 project particularly attractive for potential development. The flow-through structure ensures that investor capital will be immediately deployed toward qualifying exploration expenditures, accelerating the advancement of the gold deposit.

Subject to TSX Venture Exchange approval, the financing is expected to close by April 30, 2026. The 297 square kilometer property hosts multiple prospective mineralized corridors, suggesting significant exploration upside beyond the current Eureka deposit. This financing positions Delta Resources to systematically explore these targets while continuing to define the full extent of the known mineralization, which remains open in all directions.