Hi-View Announces Upsized Private Placement
Thenewswire·2026-02-27 08:01

Core Viewpoint - Hi-View Resources Inc. has increased the flow-through portion of its non-brokered private placement to aggregate gross proceeds of up to $2,000,000 [1][2]. Group 1: Offering Details - The flow-through portion will consist of up to 5,555,555 flow-through shares at a price of $0.36 per share, maintaining the total gross proceeds at $2,000,000 [2]. - All other terms of the Offering remain unchanged, and the proceeds will be used for exploration on the Toodoggone projects in British Columbia [2]. Group 2: Regulatory and Transaction Information - Finders' fees of up to 10% may apply to the private placement, and all securities issued will be subject to a hold period of four months and one day [3]. - Directors and officers of the Company may participate in the private placement, which is considered a related party transaction and is expected to be exempt from formal valuation and minority shareholder approval requirements [4]. 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, covering over 27,791 hectares [5]. - The Company's high-priority projects include the Lawyers East Project, Borealis Project, and Golden Stranger Project, along with additional assets such as the Nub, Saunders, and Harmon Peak properties [5].