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Commercial newswire·CA·

Golden Rapture Mining Announces Shares for Debt Settlement

Edmonton – TheNewswire - September 20, 2026 - Golden Rapture Mining (CSE-GLDR) announces that the Company intends to issue an aggregate of 480,000 common shares of the Company (“Debt Shares”) to a director, Richard Rivet, President & CEO of the Company, in exchange for the cancellation of CAD $24,000 of director fees owing from July 04, 2026 to September 20, 2026, which was previously approved by the board of directors of the Company. The Company proposed the Debt Settlements to help preserve cash for working capital. The Debt Shares will be issued for $0.05, in accordance with the policies of the CSE and subject to their approval. The issuance of the Debt Shares to the director constitutes a "related party transaction" as this term is defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (“MI 61-101”). The directors of the Company, acting in good faith, determined that the fair market value of the Debt Shares being issued pursuant to the shares for debt transaction and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI

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