Headwater Gold Announces Strategic Private Placement with Lead Orders from Rick Rule and Jeff Philips

Core Viewpoint - Headwater Gold Inc. is initiating a non-brokered private placement to raise up to $1,000,000 through the sale of 3,333,333 units at a price of $0.30 per unit, aimed at supporting ongoing exploration and project generation in the Western United States [1][2] Group 1: Offering Details - The offering consists of units, each comprising one common share and one non-transferable share purchase warrant, exercisable at $0.50 for 36 months [1] - The shares will be subject to a one-year hold period, and the company can accelerate the expiry of the warrants if the share price exceeds C$0.75 for 20 consecutive trading days [1] Group 2: Use of Proceeds - Proceeds from the offering will be allocated to ongoing project generation, exploration of the company's gold projects in the Western United States, and general working capital [2][5] Group 3: Strategic Investments - The participation of notable investors Rick Rule and Jeff Phillips is highlighted as a strong vote of confidence in the company's strategy and management [1][5] - Rick Rule emphasized the effectiveness of the prospect generator model being executed by Headwater Gold [1] Group 4: Company Background - Headwater Gold is focused on exploring high-grade precious metal deposits in the Western USA and has a portfolio of epithermal vein exploration projects [5][6] - The company has strategic agreements with Newmont Corporation, enhancing its exploration capabilities [6]