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Gold Hunter Closes First Tranche of Private Placement
TMX Newsfile· 2025-12-31 12:00
Core Viewpoint - Gold Hunter Resources Inc. has successfully closed the first tranche of its non-brokered private placement financing, raising a total of $1,175,652.04, which will be utilized for advancing its Great Northern Project and for general working capital [1][3]. The Offering - The first tranche included the issuance of Flow-Through Units and Non-Flow-Through Units, with a total of $705,652.04 raised through Flow-Through Units priced at $0.055 per unit and $470,000 raised through Non-Flow-Through Units priced at $0.05 per unit [2][10]. - Finder's fees amounted to $60,176, and the company issued 1,148,655 non-transferable broker warrants, allowing the purchase of common shares at prices between $0.075 and $0.08 for a period of 36 months [2][10]. Use of Proceeds and CEO Commentary - Proceeds from Flow-Through Units will be allocated to eligible Canadian exploration expenses related to the Great Northern Project, while funds from Hard Dollar Units will support general working capital and administrative needs [3]. - The CEO emphasized that the secured capital positions the company well to execute its exploration strategy in the upcoming year, particularly for the drill program along the Doucers Valley Fault Structure [4]. Company Overview - Gold Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects, utilizing a data-driven approach to exploration [4]. - The Great Northern Project spans 40 kilometers across 26,237 hectares and is located along a prospective gold belt in Newfoundland, with plans for a maiden drill program targeting high-priority anomalies [5].
Laurion Announces Proposed Private Placement Of Flow-Through Units
Thenewswire· 2025-12-17 13:30
Core Viewpoint - LAURION Mineral Exploration Inc. is proposing a flow-through private placement to raise approximately $1.6 million by issuing up to 4,848,485 flow-through units at a price of $0.33 per unit [1][2] Group 1: Private Placement Details - The flow-through units will consist of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one non-flow-through common share at $0.39 for 24 months [2] - The proceeds from the private placement will be allocated to eligible Canadian exploration expenses at the Ishkõday Project, focusing on advancing the 2026 drill program [3] - The closing of the private placement is subject to TSX Venture Exchange approval and is expected to occur around December 19, 2025 [4] Group 2: Project Focus and Strategy - The exploration strategy will include systematic in-fill and step-out drilling to define continuity of known mineralized envelopes and test extensions where mineralization converges [3] - The Ishkõday Project is a 100% owned mid-stage project with a focus on gold and base metal mineralization [7] - The company aims to maximize shareholder value through its exploration activities and is positioned as a potential acquisition target [8] Group 3: Company Overview - LAURION is a mid-stage junior mineral exploration and development company listed on TSXV and OTCPINK, with 274,097,283 outstanding shares, 73.6% of which are controlled by insiders [6] - The company emphasizes the exploration and development of its flagship Ishkõday Project, which spans 57 km² [7]