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VANCOUVER, British Columbia, Oct. 19, 2026 (GLOBE NEWSWIRE) — GoldInxs Mining Corp. (TSX-V: INXS) (OTCQB: INXGF) (the “Company” or “GoldInxs”) is pleased to announce that it has closed the second tranche (the “Second Tranche”) of its previously announced non-brokered private placement (the “Offering”). Due to additional investor demand, the Company has increased the size of the Offering to aggregate gross proceeds of up to $1,500,000.

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At closing of the Second Tranche, the Company issued an aggregate of: (i) 3,933,462 flow-through units (the “FT Units”) at a price of $0.13 per FT Unit for gross proceeds of $511,350.06; and (ii) 831,213 units (the “Units”) at a price of $0.11 per Unit for gross proceeds of $91,433.43 for aggregate gross proceeds of $602,783.49. The first tranche of the Offering raised aggregate gross proceeds of $647,316.51, bringing the total gross proceeds raised under the Offering to $1,250,100.

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Each FT Unit consists of one common share of the Company (the “FT Shares”) and one common share purchase warrant (a “Warrant”). Each Unit consists of one common share of the Company and one Warrant.

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Each Warrant entitles the holder thereof to purchase one common share of the Company (the “Common Shares”) at a price of $0.25 at any time on or before the date that is twenty-four (24) months after the closing of the Second Tranche, subject to the Accelerated Expiry Provision (as defined herein). The Company may, at its sole option, accelerate the expiry date of the Warrants to the date that is thirty (30) days following the date on which notice is given by news release, if the closing price of the Common Shares on the TSX Venture Exchange (the “TSX-V”) (or such other principal exchange on which the Common Shares may be traded at such time) is equal to or above a price of $0.50 per Common Share for ten (10) consecutive trading days any time after closing of the Second Tranche (the “Accelerated Expiry Provision”).

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Proceeds from the Offering will be used for the purposes of exploration work and other operations at the Company’s flagship Fishpot Project in Central British Columbia among other flow-through eligible expenses, such as exploration, drilling, and sampling programs, and for general working capital purposes.

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The Company intends for the FT Shares and the Warrants underlying the FT Units to be issued on a “flow-through” basis and to qualify as “flow-through shares” as defined in subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”). The Company intends to renounce exploration expenses, which qualify as “Canadian exploration expenses” and “flow-through critical mineral mining expenditures”, each as defined in the Tax Act and “BC flow-through mining expenditures” as defined in the Income Tax Act (British Columbia), in an amount equal to the aggregate proceeds of the FT Units, to subscribers of the FT Units with an effective date no later than December 31, 2026.

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In connection with the Offering, the Company intends to pay aggregate cash finder’s fees of $59,665.34 and issue an aggregate of 458,963 non-transferable finder’s warrants to certain eligible persons, as follows: (i) PMB Markets Inc. will receive $6,300 and 48,461 finder’s warrants; (ii) Castlewood Capital Corporation will receive $28,000 and 215,384 finder’s warrants; (iii) Accilent Capital Management Inc. will receive $7,001.54 and 53,858 finder’s warrants; (iv) Haywood Securities Inc. will receive $3,166.80 and 24,360 finder’s warrants; (v) Canaccord Genuity Corp. will receive $8,190 and 63,000 finder’s warrants; and (vi) Ventum Financial Corp. will receive $7,007 and 53,900 finder’s warrants.