Core Points - Hi-View Resources Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising gross proceeds of $775,000 by issuing 3,875,000 units at a price of $0.20 per unit, with an oversubscription of $100,600 [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, with two warrants allowing the purchase of one additional share at $0.30 for 24 months [1][2] - The proceeds will be used for general corporate purposes, including settling arm's-length payables, and finders' fees of $44,240 were paid along with 221,200 Broker Warrants [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 [4] - The company holds over 27,791 hectares of projects, including the flagship Golden Stranger project, the Lawyers claims, and the Borealis project, all identified as high-priority targets [4] - Additional properties under option include Saunders, Northern Claims, Nub, and Harmon Peak, with an extra 1,300 hectares currently under mineral claim application [4]
Hi-View Announces Closing of the Final Tranche of the Non-Brokered Private Placement
Thenewswire·2025-12-17 03:00