TORONTO, ONTARIO – June 4, 2025 – TheNewswire  — GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or “Gold’n Futures”) announces that it has entered into debt settlement agreements (the “Settlement Agreements”) to settle outstanding cash payments owed to certain creditors (the “Creditors”) totaling $83,201.22. These debts relate to services previously provided, including legal, investor relations, corporate administration, accounting, and capital markets and trading-related services.

 

Pursuant to the Settlement Agreements, the Company has agreed to issue 11,885,887 common shares (the “Shares”) at a deemed price of $0.007 per Share, based on a 20-day volume-weighted average trading price (“VWAP”).

 

The Company anticipates closing the Debt Settlement on or about June 10, 2025. The board of directors has determined that settling these obligations through the issuance of the Shares is in the best interests of the Company, as it will preserve cash for working capital purposes.

 

The Company will rely on the “Employee, Executive Officer, Director and Consultant” exemption under section 2.24 of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) to issue Shares to three of the Creditors. Securities issued pursuant to this exemption will not be subject to a statutory hold period and will be free trading upon issuance.

 

In addition, the Company will rely on the debt settlement exemption under section 2.14 of NI 45-106 to issue Shares to one Creditor. The securities issued pursuant to this exemption will be subject to a statutory hold period of four (4) months and one (1) day from the date of issuance, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange (“CSE”).

 

The securities being referred to in this news release have not been, nor will they be, registered under the United States (U.S.) Securities Act of 1933, as amended, and may not be offered or sold in the U.S. or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Gold’n Futures Mineral Corp.

Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a mineral exploration company conducting programs to expand its gold resources and to develop viable gold mining operations through the application of extensive geological experience and knowledge combined with advanced technologies and computer modeling.

On behalf of the Board of Directors

 

Vicki Rosenthal

Chief Financial Officer

Email: matt@fishpurdy.com

Ph: 416-400-8580

 

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

Certain information contained in this news release may constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking information is often identified by the use of words such as “plans,” “expects,” “may,” “should,” “could,” “will,” “intends,” “anticipates,” “believes,” “estimates,” “forecasts,” or variations of such words and phrases, including the negative forms thereof, as well as terms such as “pro forma” and “scheduled,” and similar expressions that refer to future events or outcomes.

 

Forward-looking statements in this release, including, without limitation, statements relating to the anticipated timing, review, completion, and filing of the Annual Filings, the Company’s ongoing operations, and the expected duration of the MCTO, involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements. There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated.

 

Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking information contained herein, except as required by applicable securities laws.

 

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.