Questcorp Mining (CSE:QQQ) Closes First Tranche of Private Placement, Raises $2.22 Million

Vancouver, British Columbia — February 25, 2026 — Leads & Copy — Questcorp Mining Inc. has completed the initial phase of its oversubscribed private placement, securing $2,220,000.

The non-brokered private placement involved 11,100,000 units, priced at $0.20 each. Each unit comprises one common share of Questcorp and one-half of a common share purchase warrant. A full warrant allows the holder to buy one common share at $0.30 until February 24, 2029. Warrants cannot be exercised until 60 days after the first tranche closing.

Proceeds from the offering will fund exploration at the La Union Gold and Silver Project and the North Island Copper Project. The remaining funds will be used for general working capital.

The units were offered under the listed issuer financing exemption, excluding Quebec. These units are immediately free-trading under Canadian securities laws.

Questcorp also paid $16,300, issued 580,000 units at $0.20 each, and issued 661,500 finders’ warrants to parties who helped introduce subscribers to the offering. Each finder’s warrant allows the holder to purchase one common share at $0.30 until February 24, 2029. These warrants also cannot be exercised until 60 days after the first tranche closing. Securities issued to finders are subject to resale restrictions until June 25, 2026.

Questcorp Mining Inc. focuses on acquiring and exploring mineral properties in North America. The company has an option to acquire 100% interest in the North Island Copper Property in British Columbia and the La Union Project in Sonora, Mexico, both subject to royalty obligations.

Saf Dhillon, President & CEO of Questcorp Mining Corp., has approved this release.

This announcement does not constitute an offer to sell securities in the United States or any jurisdiction where such an offer is unlawful. The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.

Source: Questcorp Mining

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