Bronco Resources Corp. press release

Bronco Resources Completes Debt Settlement Transactions

2026-09-24

TSXV - TSX Venture Exchange · Gold · Canada · Corporate Finance

(TheNewswire)

| [](http://www.damaragoldcorp.com) | | |

September 24, 2026 – TheNewswire - BRONCO RESOURCES CORP. (TSX-V:BRON) (“Bronco” or the “Company”) announces furtherto its news release dated August 31, 2026 that it has received acceptance from the TSX Venture Exchange for the previously announced debt settlement transactions (the “Debt Settlements”).

Pursuant to the Debt Settlements has issued an aggregate of 2,664,760 common shares (the “Debt Shares”) at a deemed price of $0.05 per share in full and final settlement of $133,238 of indebtedness owing to certain management, directors and arm’s length creditors (the “Shares for Debt Transaction”). The Debt relates primarily to unpaid management fees, equipment rental, and consulting and advisory fees that accrued over approximately two years, as more particularly described in the Company’s August 31, 2026 news release.

The Debt Shares were issued effective September 24, 2026, and are subject to a statutory hold period expiring on January 25, 2027.

As previously disclosed, participation by insiders of the Company in the Shares for Debt Transaction constituted a “related party transaction” under Multilateral Instrument 61‑101 – Protection of Minority Security Holders in Special Transactions (“MI 61‑101”). The Company relied on the exemptions from the formal valuation requirement in section 5.5(b) of MI 61‑101, as the Company is not listed on a specified market, and from the minority shareholder approval requirement in section 5.7(1)(a) of MI 61‑101, as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Shares for Debt Transaction, insofar as it involves interested parties, exceeded 25% of the Company’s market capitalization.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Bronco

Bronco Resources Corp. is a TSX Venture Exchange listed mineral exploration company actively focused on the exploration of the Placer Mountain Gold Project, located in Princeton, BC, currently holding an 88%/12% JV between Bronco and Universal Copper Ltd. respectively. Bronco’s Board of Directors is seasoned in the mineral exploration industry with extensive successful domestic and international experience.

ON BEHALF OF THE BOARD OF DIRECTORS OF BRONCO RESOURCES CORP.

“Dev Rishy-Maharaj”

Dev Rishy-Maharaj, President and CEO

For additional information visit Bronco’s website at https://www.broncoresources.comor contact:

Bronco Resources Corp.

Dev Rishy-Maharaj

Chief Executive Officer

Or

Terese Gieselman

Chief Financial Officer

(236) 763-6827

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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