Gold Basin Resources Announces Settlement Agreement with Charrua Capital LLC

VANCOUVER, BC / ACCESS Newswire / May 6, 2026 / Gold Basin Resources Corporation ("Gold Basin" or the "Company") (TSXV:GXX) announced today that the Company has reached a settlement agreement ("Settlement Agreement") with Charrua Capital LLC ("Charrua") in respect of the disputed enforceability of the unsecured loan agreement dated August 21, 2024 between Gold Basin and Charrua (the "Loan Agreement"). The Loan Agreement bore a principal amount of US$500,000, initial interest rate of 15%, high fees and costs, and restrictions on Gold Basin's use of funds.