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Golden Pursuit Resources Announces $1 Million Private Placement

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Golden Pursuit Resources announced a non-brokered private placement to raise up to $1 million through two unit offerings. The company will issue 2.5 million non-flow-through units at $0.20 per unit ($500,000) and 2.0 million flow-through units at $0.25 per unit ($500,000). Each non-flow-through unit includes one common share and half a warrant exercisable at $0.25 for two years, while flow-through units include one flow-through share and half a warrant exercisable at $0.30 for two years. The proceeds will fund exploration at the company's Gordon Lake mineral properties in NWT and general corporate purposes. The offering is subject to TSX-V approval and includes a four-month hold period.
Golden Pursuit Resources ha annunciato un collocamento privato senza intermediari per raccogliere fino a 1 milione di dollari tramite due offerte di unità. La società emetterà 2,5 milioni di unità non flow-through a 0,20 dollari ciascuna (500.000 dollari) e 2 milioni di unità flow-through a 0,25 dollari ciascuna (500.000 dollari). Ogni unità non flow-through comprende una azione ordinaria e mezza warrant esercitabile a 0,25 dollari per due anni, mentre le unità flow-through includono una azione flow-through e mezza warrant esercitabile a 0,30 dollari per due anni. I proventi serviranno a finanziare l'esplorazione delle proprietà minerarie Gordon Lake della società nei Territori del Nord-Ovest e a scopi aziendali generali. L'offerta è soggetta all'approvazione della TSX-V e prevede un periodo di blocco di quattro mesi.
Golden Pursuit Resources anunció una colocación privada sin intermediarios para recaudar hasta 1 millón de dólares a través de dos ofertas de unidades. La compañía emitirá 2,5 millones de unidades no flow-through a 0,20 dólares por unidad (500.000 dólares) y 2 millones de unidades flow-through a 0,25 dólares por unidad (500.000 dólares). Cada unidad no flow-through incluye una acción común y medio warrant ejercitable a 0,25 dólares durante dos años, mientras que las unidades flow-through incluyen una acción flow-through y medio warrant ejercitable a 0,30 dólares durante dos años. Los fondos se destinarán a la exploración de las propiedades minerales Gordon Lake de la compañía en NWT y a fines corporativos generales. La oferta está sujeta a la aprobación de TSX-V e incluye un período de retención de cuatro meses.
Golden Pursuit Resources는 중개인 없이 최대 100만 달러를 조달하기 위한 두 가지 단위 제공을 통한 비공개 배치를 발표했습니다. 회사는 단위당 0.20달러에 250만 개의 비플로우스루 단위(총 50만 달러)와 단위당 0.25달러에 200만 개의 플로우스루 단위(총 50만 달러)를 발행할 예정입니다. 각 비플로우스루 단위는 보통주 1주와 2년간 행사 가능한 단위당 0.25달러의 워런트 0.5개를 포함하며, 플로우스루 단위는 플로우스루 주식 1주와 2년간 행사 가능한 단위당 0.30달러의 워런트 0.5개를 포함합니다. 수익금은 회사의 노스웨스트 준주 Gordon Lake 광산 자원 탐사와 일반 기업 목적에 사용됩니다. 이 제안은 TSX-V 승인을 받으며 4개월의 보유 기간이 포함됩니다.
Golden Pursuit Resources a annoncé un placement privé sans courtier visant à lever jusqu'à 1 million de dollars par le biais de deux offres d'unités. La société émettra 2,5 millions d'unités non flow-through au prix de 0,20 $ par unité (500 000 $) et 2 millions d'unités flow-through au prix de 0,25 $ par unité (500 000 $). Chaque unité non flow-through comprend une action ordinaire et un demi-warrant exerçable à 0,25 $ pendant deux ans, tandis que les unités flow-through comprennent une action flow-through et un demi-warrant exerçable à 0,30 $ pendant deux ans. Les fonds seront utilisés pour financer l'exploration des propriétés minières Gordon Lake de la société dans les Territoires du Nord-Ouest et pour des besoins généraux de l'entreprise. L'offre est soumise à l'approbation de la TSX-V et inclut une période de blocage de quatre mois.
Golden Pursuit Resources hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 1 Million US-Dollar durch zwei Einheitenangebote zu beschaffen. Das Unternehmen wird 2,5 Millionen Non-Flow-Through-Einheiten zu je 0,20 US-Dollar (500.000 US-Dollar) und 2 Millionen Flow-Through-Einheiten zu je 0,25 US-Dollar (500.000 US-Dollar) ausgeben. Jede Non-Flow-Through-Einheit umfasst eine Stammaktie und eine halbe Warrant, die zu 0,25 US-Dollar für zwei Jahre ausübbar ist, während Flow-Through-Einheiten eine Flow-Through-Aktie und eine halbe Warrant enthalten, die zu 0,30 US-Dollar für zwei Jahre ausübbar ist. Die Erlöse werden für die Exploration der Gordon Lake-Mineralgrundstücke des Unternehmens in den Nordwest-Territorien und für allgemeine Unternehmenszwecke verwendet. Das Angebot steht unter dem Vorbehalt der Genehmigung durch die TSX-V und beinhaltet eine viermonatige Haltefrist.
Positive
  • Raising up to $1 million in fresh capital for exploration and operations
  • Offering includes both flow-through and non-flow-through units providing flexibility for investors
  • Proceeds will advance exploration programs at Gordon Lake mineral properties
Negative
  • Potential dilution for existing shareholders
  • Four-month hold period restricts immediate trading of new shares
  • Subject to TSX-V approval which adds uncertainty to the completion

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Golden Pursuit Resources Ltd. (TSXV: GDP) (the "Company" or "GDP") announces that it will conduct a non-brokered private placement of up to 2.5 million non-flow-through units at $0.20 per unit for proceeds of up to $500,000 and 2.0 million flow-through units at $0.25 per unit for proceeds of up to $500,000.

Each non-flow-through unit will consist of one non-flow-through common share and one-half of one non-flow-through warrant. Each whole warrant will entitle the holder to purchase one common share at a price of $0.25 per share for a period of two years from issuance.

Each flow-through unit will consist of one flow-through common share and one-half of one flow-through warrant. Each whole warrant will entitle the holder to purchase one flow-through common share at a price of $0.30 per share for a period of two years from issuance.

All securities issued in connection with the private placement will be subject to a four-month statutory hold period.

The Company may pay finder's fees in cash, shares or warrants and any combination thereof to investment dealers or others (where permitted by law) and in accordance with the rules of the TSX Venture Exchange.

The private placement proceeds will be used to conduct exploration programs on the Company's mineral properties at Gordon Lake, located in the NWT, and for general corporate purposes.

Completion of the private placement remains subject to the approval of the TSX-V.

GOLDEN PURSUIT RESOURCES LTD.

Per: "Brian McClay"
Brian McClay, President

CONTACT INFORMATION:
Brian McClay
Email: bmcclay@aol.com
Tel: (604) 730-6982

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254677

FAQ

What is the size and structure of Golden Pursuit Resources' private placement?

Golden Pursuit Resources is raising up to $1 million through two unit offerings: $500,000 from non-flow-through units at $0.20 and $500,000 from flow-through units at $0.25.

How will Golden Pursuit Resources (FPVTF) use the proceeds from the private placement?

The proceeds will be used to conduct exploration programs at the company's Gordon Lake mineral properties in NWT and for general corporate purposes.

What are the warrant terms in Golden Pursuit Resources' private placement?

Non-flow-through warrants are exercisable at $0.25 per share, while flow-through warrants are exercisable at $0.30 per share, both for a two-year period.

How long is the hold period for securities issued in Golden Pursuit Resources' private placement?

All securities issued in the private placement will be subject to a four-month statutory hold period.

What regulatory approvals are needed for Golden Pursuit Resources' private placement?

The private placement requires approval from the TSX Venture Exchange (TSX-V) for completion.
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FPVTF Latest News

Jun 4, 2025
CORRECTION FROM SOURCE: Golden Pursuit's 2025 Exploration Program at Gordon Lake Project, Northwest Territories
Jun 3, 2025
Golden Pursuit Announces 2025 Exploration Program at Gordon Lake Project, Northwest Territories
Jun 11, 2024
Golden Pursuit Announces Approval of NWT Grant
Apr 9, 2024
Golden Pursuit Appoints New Director
Aug 16, 2023
Golden Pursuit Resources Announces Completion of Geological Mapping and Soil Sampling Program at Its 100% Owned Gordon Lake Property

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