Hi-View Resources Inc. Announces Non-Brokered Private Placement and Debt Settlement
AffirmAffirm(US:AFRM) Thenewswire·2025-10-31 12:30

Core Viewpoint - Hi-View Resources Inc. has announced a non-brokered private placement to raise up to $1,000,000 through the issuance of 5,000,000 units at $0.20 per unit, with each unit consisting of one common share and half a warrant [1][2] Group 1: Private Placement Details - The private placement will consist of up to 5,000,000 units priced at $0.20 each, aiming for gross proceeds of up to $1,000,000 [1] - Each unit includes one common share and half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.30 for 24 months [1] - The proceeds will be used for general corporate purposes, including settling arm's-length payables [2] Group 2: Debt Settlement - The company will issue 730,808 common shares at $0.20 per share to settle $146,161.60 of debt owed to related parties [1] Group 3: Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia [4] - The company holds over 27,791 hectares of projects, including the flagship Golden Stranger Project, and has additional properties under option and claim application [4]