Delta Resources Announces Second and Final Closing of an Oversubscribed Premium Charity Flow Through Financing

Delta Resources Limited successfully completed the second and final tranche of its oversubscribed charity flow-through financing, raising total gross proceeds of $6.56 million through the issuance of 26.8 million units at $0.245 per unit. The financing was structured with Wealth Creation Preservation & Donation Inc. and exceeded the original target, demonstrating strong investor confidence in the company's gold exploration strategy.

The financing structure included flow-through shares and half-warrants exercisable at $0.28 for 30 months, providing additional potential capital and upside participation for investors. All proceeds will be directed toward Canadian exploration expenses under the Income Tax Act, ensuring tax benefits flow through to charity-focused investors while funding critical exploration work.

Delta's flagship Delta-1 Gold Project in Ontario continues to show significant promise, with the Eureka Gold Deposit extending over 2.5 kilometers in strike length and demonstrating high-grade mineralization at depth. Notable drill intercepts include 5.92 g/t Au over 31 meters and 1.79 g/t Au over 128.5 meters, indicating substantial exploration potential across the 340 square kilometer property.

The successful completion of this oversubscribed financing positions Delta well to advance exploration at a time when gold prices remain elevated and investor interest in Canadian gold projects is strong. The charity flow-through structure provides tax advantages while supporting exploration in an established mining jurisdiction with excellent infrastructure access via the Trans-Canada Highway.