Psyence Group Inc. Signs Letter of Intent to Acquire GoldCoast Resource Corp., Advances $250,000 Secured Loan for Exploration Preparation

Reuters10-06

<a href="https://laohu8.com/S/PSYGD">Psyence Group Inc.</a> Signs Letter of Intent to Acquire GoldCoast Resource Corp., Advances $250,000 Secured Loan for Exploration Preparation

Psyence Group Inc. has entered into a letter of intent to acquire all issued and outstanding securities of GoldCoast Resource Corp., a company focused on environmentally responsible shallow-water mineral exploration off the south coast of Ghana. As part of the agreement, Psyence will advance a secured loan of US$250,000 to GoldCoast to support the preparation of an exploration license application and a NI 43-101 Qualified Persons report. Trading in Psyence's common shares will remain halted until the transaction is reviewed and all conditions for resumption are met. There is no guarantee the acquisition will be completed as proposed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Group Inc. published the original content used to generate this news brief on October 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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