SIGNATURE RES LTD CDA - SGGTF STOCK NEWS

Signature Resources (TSXV: SGU) (OTCQB: SGGTF) has announced the results of its 2024 Annual General & Special Meeting of Shareholders. All proposed matters were approved with strong support, including the election of six directors, fixing the board size at six, reappointing McGovern Hurley LLP as auditors, and reapproving the Incentive Stock Option Plan. The company also engaged Renmark Financial Communications Inc. for investor relations activities, starting September 1st, 2024, for an initial seven-month period at a monthly fee of up to $9,000 CAD. J. Dan Denbow, President, CEO, and Director, expressed confidence in Renmark's ability to enhance Signature's profile in the financial community.

Signature Resources (TSXV: SGU) (OTCQB: SGGTF) has announced results from its May 2024 field program at the Lingman Lake property. The program included 101 channel samples and 28 grab samples, with gold grades ranging from 0.011g/t to 6.784g/t. Notable results include a 1.95g/t gold grade over nine meters in the North Zone and 1.64g/t over 6 meters in the South Zone B. The company also provided an update on its 2024 drilling program, with two holes completed totaling 810 meters. Signature Resources aims to deliver an initial NI 43-101 report next year and continues to explore the potential of its 32km wide greenstone belt.

Signature Resources announces the start of its 2024 drilling program after completing an initial field program. The field program helped understand structural controls, and 101 samples were collected for analysis at SGS's Red Lake facilities. The drill plan involves 14 drill holes over 4,650 meters, with the program expected to finish by fall 2024. Data collection will be followed by an independent audit, paving the way for a maiden NI 43-101 resource report in Spring 2025. CEO Dan Denbow, initially interim, is now appointed permanently, and Matthew Goodman joins the Audit Committee.

Signature Resources has successfully closed an upsized equity financing, issuing 10,900,000 flow-through shares and 31,143,506 non-flow-through shares at $0.05 per share, raising $2,102,175. Originally announced on May 2, 2024, the offering was upsized on May 22, 2024, due to strong demand. Insiders of Signature purchased 36% of the offering. The funds will support the 2024 drill program at the Lingman Lake Project and general working capital. The drill program aims to complete the initial NI 43-101 resource statement. Field activities included site mapping, channel sampling, and drill site preparation with 101 samples collected for analysis. Drilling is expected to start in early July 2024.

Signature Resources has received its exploration permit for the Lingman Lake project, covering 197 claims for three years. This permit allows the company to proceed with its 2024 drilling campaign and future operations, aiming to publish a maiden NI 43-101 by spring 2025. The company also announced an upsizing of its equity financing. Initially set at C$1,000,000, the offering has been increased to C$2,100,000 due to high demand. The proceeds will be used for the drilling program and general working capital, with 10% allocated to the latter. Management and the board are expected to subscribe to about one-third of the offering.

Signature Resources announces an equity financing plan to offer flow-through and non-flow-through shares for up to C$1,000,000. The company expects over half of the offering to be subscribed by its board members and management. The net proceeds will fund the 2024 drilling program and general working capital purposes. The 2024 field program has begun, focusing on historical activity mapping, structural mapping, and locating proposed drill locations. The program aims to enhance understanding of the Lingman Lake Project for a maiden NI 43-101 publication in spring 2025.

Signature Resources announces completion of geologic model update, revealing high-grade mineralization at Lingman Lake Project. New targets identified through AI modeling for 2024 program. CEO expects a catalyst-rich year benefiting shareholders.

Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S3) has successfully completed a private placement of flow-through and non-flow-through shares, raising gross proceeds of C$696,250. The Offering was increased from the previously announced amount of C$600,000 and included 20,045,455 FT shares at C$0.0275 per share and 5,800,000 NFT Shares at a price of C$0.025. The net proceeds will be used for resource modelling, designing the 2024 drill program, exploration data compilation, and general working capital purposes. The company is excited to announce that it has added a significant individual investor, Jonathan Goodman, who will own 17% of the outstanding shares. The Wataynikaneyap Transmission Power Project is making progress in Northwestern Ontario and is expected to support several First Nations communities in the region. Additionally, the Board of Directors has voted to increase its membership to six and has appointed Matthew Goodman, who brings over 12 years of experience in capital markets and junior mining.

Signature Resources Ltd. is offering a non-brokered private placement of flow-through shares and non-flow-through shares for gross proceeds of up to C$600,000. The Offering is expected to have approximately 20% participation from the Company's board of directors and management. The net proceeds will be used for resource modelling, drill program design, exploration data compilation, and general working capital purposes.