Core Points - Hi-View Resources Inc. has closed the first tranche of its non-brokered private placement, raising gross proceeds of $325,600 by issuing 1,628,000 units at a price of $0.20 per unit [1] - The proceeds from the private placement will be allocated towards general corporate purposes, including arm's-length payables [3] Financial Details - Finders' fees of $8,400 and 42,000 Broker Warrants were paid to eligible finders, with each Broker Warrant allowing the holder to acquire one additional common share at a price of $0.30 until November 18, 2027 [2] - All securities issued are subject to a hold period of four months and one day as required under applicable securities legislation [2] Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company on the Canadian Securities Exchange, focusing on gold, silver, and copper assets in the Toodoggone region of Northern British Columbia [6] - The company holds over 27,791 hectares of projects, including the flagship Golden Stranger project, the Lawyers claims, and the Borealis project, all designated as high-priority targets [6]
Hi-View Announces Closing Of First Tranche Of The Non-Brokered Private Placement
Thenewswire·2025-11-18 22:01