Hi-View Closes Non-Brokered Private Placements

Core Viewpoint - Hi-View Resources Inc. has successfully closed two non-brokered private placements, raising a total of approximately $4.18 million for general working capital and exploration activities in British Columbia's Toodoggone region [1][2]. Group 1: Private Placement Details - The first private placement involved 6,574,999 units at a price of $0.30 per unit, generating gross proceeds of $1,972,499.70. Each unit includes one common share and one-half of a transferable common share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.45 for 24 months [1]. - The second private placement consisted of 6,140,552 flow-through shares priced at $0.36, resulting in gross proceeds of $2,210,598.72. These proceeds will be allocated to eligible Canadian exploration expenses related to critical mineral mining [2]. Group 2: Related Party Transactions - Directors and officers of the Company participated in the private placements, which qualifies as a related party transaction under Multilateral Instrument 61-101. This participation is exempt from formal valuation and minority shareholder approval requirements [3]. Group 3: Financial Fees and Warrants - In connection with the private placements, Hi-View paid total cash finders' fees of $194,195.90 and issued 578,432 Broker Warrants, each exercisable for one common share at an exercise price of $0.45 for two years [4]. Group 4: 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. The Company holds over 27,791 hectares across several high-priority projects, including the Lawyers East Project, Borealis Project, and Golden Stranger Project [5].