Radisson Announces Closing of Brokered Financing for $25 Million

Not for circulation to United States newswire services or for dissemination in the United States

Rouyn-Noranda, Quebec–(ACN Newswire – October 7, 2025) – Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) (“Radisson” or the “Company“is pleased to reveal the closing of its formerly revealed “bought deal” personal positioning pursuant to which the Company provided an overall of 41,667,000 Class A typical shares of the Company (the “Offered Shares“at a rate of $0.60 per Share, for gross earnings of $25,000,200 (the “Offering“.

The Offering was finished pursuant to an underwriting arrangement dated October 7, 2025 in between the Company and a distribute of underwriters led by Cormark Securities Inc. (jointly, the “Underwriters“. In factor to consider for the services supplied to the Company in connection with the Offering, the Underwriters got a money commission equivalent to $1,500,012, representing 6% of the gross earnings of the Offering.

The Company plans to utilize the net profits from the Offered Shares for continuous expedition and development of the O’Brien gold task and for basic business functions.

The Offered Shares were provided pursuant to the noted company funding exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptionsas changed by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption“. The Offered Shares offered pursuant to the Offering will not undergo a hold duration in Canada pursuant to relevant Canadian securities laws.

A changed offering file associated to the Offering and the usage by the Company of the Listed Issuer Financing Exemption can be accessed under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s site at www.radissonmining.com.

The Offering stays based on the last approval of the TSX Venture Exchange.

This press release does not make up a deal to offer or a solicitation of a deal to purchase nor will there be any sale of any of the securities in any jurisdiction in which such deal, solicitation or sale would be illegal, consisting of any of the securities in the United States. The securities explained herein have actually not been and will not be signed up under the U.S. Securities Act, or any of the securities laws of any state of the United States, and are not being provided or offered within the United States or to, or for the account or advantage of, U.S. individuals other than pursuant to an exemption from the registration requirements of the U.S. Securities Act and any relevant securities laws of any state of the United States.

Certified Persons

Disclosure of a clinical or technical nature in this press release was prepared under the guidance of Mr. Richard Nieminen, P.Geo, (QC), a geological expert for the Company and a Qualified Person for functions of National Instrument 43-101 – Standards of Disclosure for Mineral ProjectsMr. Nieminen is independent of the Company and the O’Brien Gold Project.

About Radisson Mining

Radisson is a gold expedition business concentrated on its 100% owned O’Brien Gold Project, situated in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment explained a low expense and high worth task with an 11-year mine life and substantial upside prospective based upon using existing local facilities. Shown Mineral Resources are approximated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with extra Inferred Mineral Resources approximated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 “O’Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada” reliable June 27, 2025, and other filings made with Canadian securities regulative authorities readily available at www.sedarplus.ca for more information and presumptions associating with the O’Brien Gold Project.

For more details on Radisson, visit our site at www.radissonmining.com or contact:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is specified in the policies of the TSX Venture Exchange) accepts duty for the adequacy or precision of this press release. No stock market, securities commission or other regulative authority has actually authorized or disapproved the info included herein.

Positive Statements

This press release might include positive declarations and positive info within the significance of appropriate Canadian securities legislation (jointly, “forward-looking information“consisting of, however not restricted to, declarations connecting to the Company’s expectations with regard to using earnings, making use of the offered funds following conclusion of the Offering and the last approval of the TSX Venture Exchange. Frequently, however not constantly, positive info can be recognized by the usage of words and expressions such as “plans” “expects” “is expected” “budget” “scheduled” “estimates” “forecasts” “intends” “anticipates”or “believes” or variations (consisting of unfavorable variations) of such words and expressions, or state that particular actions, occasions or outcomes “may” “could” “would” “might” or “will” be taken, happen or be attained.

Positive details shows the Company’s beliefs and presumptions based upon details readily available at the time such declarations were made. Real outcomes or occasions might vary from those anticipated in positive info. All of the Company’s positive details is certified by the presumptions that are specified or intrinsic in such positive info, consisting of the presumptions noted below.

The Company thinks that the presumptions underlying the positive info consisted of in this news release are affordable, this list is not extensive of the aspects that might impact any positive info. The crucial presumptions that have actually been made in connection with positive details consist of the following: the significance of drill outcomes and continuous expedition activities; management’s beliefs on resource growth; the predictability of geological modelling; the precision of the Company’s records of its residential or commercial property interests; the international financial environment; products rates; inflation; ecological threats; environment modification; cybersecurity hazards; neighborhood and non-governmental actions; that needed licenses will be gotten on a prompt basis in order to allow the Company to continue on schedule with its organized drilling programs; that knowledgeable workers and professionals will be offered as the Company’s operations continue to grow; the importance of the presumptions, price quotes and forecasts; the effect of global dispute, or the escalation thereof, on the marketplaces, typically, and on business and potential customers of the Company; which the Company will have the ability to continue raising the needed capital to fund its operations and understand on its mineral resource price quotes.

Positive info includes recognized and unidentified dangers, future occasions, conditions, unpredictabilities, and other elements which might trigger the real outcomes, efficiency, or accomplishments to be materially various from any future outcomes, efficiency or accomplishments revealed or indicated by positive details. Such elements consist of, to name a few, basic service, financial, competitive, political and social unpredictabilities; public health crises; expenses of expedition; the real outcomes of present expedition activities; threats and unpredictabilities connected to the capability to get or keep essential licenses, allows or surface area rights; mistakes in geological modelling; conclusions of financial assessments; modifications in job specifications as strategies continue to be improved; expedition results not following the Company’s expectations; the supply and need for, shipments of, and the future costs of products; mishaps, labour conflicts and other dangers of the mining market; the accessibility of certified workers and specialists; political instability; the effect of worth of the Canadian dollar and U.S. dollar, foreign exchange rates on expenses and monetary outcomes; market competitors; modifications in tax rates or policies; technical troubles in connection with mining activities; modifications in ecological policy; ecological compliance problems; hold-ups in getting governmental approvals or funding; and other dangers of the mining market.

The Company has actually tried to recognize essential elements that might trigger real actions, occasions or results to vary materially from those explained in positive details, there might be other elements that trigger actions, occasions or results to vary from those prepared for, approximated or planned. Readers ought to think about examining the in-depth threat conversation in the Company’s disclosure files submitted on SEDAR+, for a fuller understanding of the threats and unpredictabilities that impact the Company’s service and operations. Positive info consisted of herein is offered since the date of this press release and the Company disclaims any commitment to upgrade any positive details, whether as an outcome of brand-new info, future occasions, or outcomes, other than as might be needed by relevant securities laws. There can be no guarantee that positive info will show to be precise, as real outcomes and future occasions might vary materially from those prepared for in such declarations. Appropriately, readers need to not position unnecessary reliance on positive details.

To see the source variation of this news release, please go to https://www.newsfilecorp.com/release/269394

Subject: Press release summary