Gold Hunter Resources Announces a $1.2M Private Placement
Gold Hunter Resources (CSE: HUNT, OTC: GHREF) has announced a non-brokered private placement to raise up to $1.2 million. The offering consists of up to 20 million units priced at $0.06 per unit, with each unit comprising one common share and one-half of a common share purchase warrant. Each full warrant is exercisable at $0.12 for 24 months.
Key shareholder Eric Sprott has confirmed participation in this financing. The proceeds will be allocated to marketing and general corporate purposes. The company plans to conduct a full-property VTEM airborne survey and execute expansion drill campaigns in their Newfoundland project. The securities will have a four-month and one-day hold period, and warrant expiry may be accelerated if shares close at or above $0.30 for ten consecutive trading days.
Gold Hunter Resources (CSE: HUNT, OTC: GHREF) ha annunciato un collocamento privato non mediato per raccogliere fino a $1,2 milioni. L'offerta consiste in fino a 20 milioni di unità prezzate a $0,06 per unità, con ogni unità composta da un'azione comune e mezzo diritto di opzione di acquisto di un'azione comune. Ogni diritto completo è esercitabile a $0,12 per 24 mesi.
Il principale azionista Eric Sprott ha confermato la partecipazione a questo finanziamento. I proventi saranno destinati al marketing e a scopi aziendali generali. La società prevede di condurre un'indagine aerea VTEM su tutta la proprietà ed eseguire campagne di perforazione di espansione nel loro progetto in Newfoundland. I titoli avranno un periodo di blocco di quattro mesi e un giorno, e la scadenza dei diritti può essere accelerata se le azioni chiudono a $0,30 o superiore per dieci giorni di negoziazione consecutivi.
Gold Hunter Resources (CSE: HUNT, OTC: GHREF) ha anunciado una colocación privada no mediada para recaudar hasta $1.2 millones. La oferta consiste en hasta 20 millones de unidades a un precio de $0.06 por unidad, con cada unidad compuesta por una acción común y media opción de compra de acción común. Cada opción completa puede ejercerse a $0.12 durante 24 meses.
El principal accionista Eric Sprott ha confirmado su participación en este financiamiento. Los ingresos se destinarán a marketing y propósitos corporativos generales. La empresa planea llevar a cabo una encuesta aérea VTEM de toda la propiedad y ejecutar campañas de perforación de expansión en su proyecto en Newfoundland. Los valores tendrán un período de retención de cuatro meses y un día, y la fecha de expiración de las opciones puede acelerarse si las acciones cierran a $0.30 o más durante diez días de negociación consecutivos.
골드 헌터 리소스 (CSE: HUNT, OTC: GHREF)는 $1.2 백만까지 자금을 조달하기 위한 비브로커 프라이빗 플래이싱을 발표했습니다. 이 제안은 단가 $0.06의 20백만 유닛으로 구성되며, 각 유닛은 하나의 보통주와 보통주 구매 보증의 절반으로 구성됩니다. 각 완전 보증은 24개월 동안 $0.12에 행사할 수 있습니다.
주요 주주인 에릭 스프로트(Eric Sprott)는 이번 자금 조달에 참여하겠다고 확인했습니다. 수익금은 마케팅 및 일반 기업 목적에 배분될 것입니다. 이 회사는 뉴펀들랜드 프로젝트의 전체 재산에 대해 VTEM 항공 조사를 실시하고 확장 드릴 캠페인을 실행할 계획입니다. 증권은 4개월 1일의 보유 기간이 있으며, 주가가 연속 10 거래일 동안 $0.30 이상으로 마감될 경우 보증 만료가 조기 시행될 수 있습니다.
Gold Hunter Resources (CSE: HUNT, OTC: GHREF) a annoncé un placement privé sans intermédiaire pour lever jusqu'à 1,2 million de dollars. L'offre consiste en jusqu'à 20 millions d'unités au prix de 0,06 $ par unité, chaque unité comprenant une action ordinaire et une demi-option d'achat d'action ordinaire. Chaque option complète peut être exercée à 0,12 $ pendant 24 mois.
L'actionnaire principal Eric Sprott a confirmé sa participation à ce financement. Les produits seront affectés au marketing et à des fins corporatives générales. La société prévoit de réaliser une enquête aérienne VTEM sur l'ensemble de la propriété et d'effectuer des campagnes de forage d'expansion dans leur projet à Terre-Neuve. Les titres auront une période de détention de quatre mois et un jour, et l'expiration des options peut être accélérée si les actions clôturent à 0,30 $ ou plus pendant dix jours de bourse consécutifs.
Gold Hunter Resources (CSE: HUNT, OTC: GHREF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu $1,2 Millionen zu sammeln. Das Angebot umfasst bis zu 20 Millionen Einheiten zu einem Preis von $0,06 pro Einheit, wobei jede Einheit aus einer Stammaktie und einem halben Bezugsrecht auf eine Stammaktie besteht. Jedes vollständige Bezugsrecht kann über einen Zeitraum von 24 Monaten zu $0,12 ausgeübt werden.
Der Hauptaktionär Eric Sprott hat seine Teilnahme an dieser Finanzierung bestätigt. Die Erlöse werden für Marketing und allgemeine Unternehmenszwecke verwendet. Das Unternehmen plant, eine umfassende VTEM-Luftuntersuchung durchzuführen und Erweiterungsbohrkampagnen in ihrem Projekt in Neufundland durchzuführen. Die Wertpapiere unterliegen einer Haltefrist von vier Monaten und einem Tag; das Ablaufen der Bezugsrechte kann beschleunigt werden, wenn die Aktien zehn aufeinanderfolgende Handelstage lang bei oder über $0,30 schließen.
- Secured commitment from prominent mining investor Eric Sprott
- Planned VTEM airborne survey to guide future drill campaigns
- Strategic position in emerging Newfoundland gold district
- Significant dilution through 20 million new units issuance
- Low unit pricing at $0.06 indicates weak market position
- Proceeds primarily for marketing rather than direct exploration activities
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (FSE: 6RH) (OTC Pink: GHREF) ("Gold Hunter" or the "Company"), a junior exploration company with a premier district-scale gold project in Newfoundland, is pleased to announce a non-brokered private placement to raise up to
Gold Hunter welcomes participation from both existing and new investors. Notably, key shareholder Eric Sprott has confirmed his commitment to this financing. Proceeds will be used primarily for marketing and general corporate purposes.
"This financing will position Gold Hunter to aggressively advance and market the Great Northern opportunity, ensuring its full potential is recognized by investors and key stakeholders," said Sean Kingsley, President & CEO. "With 2025 on the horizon, we're excited to complete a full-property VTEM airborne survey, which will pave the way for the project's first truly aggressive expansion drill campaigns, aimed at unlocking value and defining its scale and potential. Newfoundland and Labrador is a world-class mining jurisdiction, and with our strategic position in an emerging premier gold district, we are committed to maximizing exposure, accelerating exploration, and delivering long-term value for our shareholders."
Private Placement Details
- Up to 20,000,000 units priced at
$0.06 per unit, for gross proceeds of up to$1,200,000. - Each unit consists of one common share and one-half of a common share purchase warrant.
- Each full warrant is exercisable at
$0.12 for a period of 24 months. - The offering is subject to approval by the Canadian Securities Exchange (CSE).
- All securities issued will be subject to a four-month and one-day statutory hold period.
If, following the final closing date of the Offering, the Company's common shares close at or above
There may be a finder's fee paid in connection with this financing.
About Gold Hunter Resources Inc.
Gold Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company employs data-driven exploration strategies to unlock value in Newfoundland's emerging mining districts.
Following the successful divestiture of its first consolidated district to FireFly Metals, Gold Hunter assembled the Great Northern Project, expanding its strike length by
On Behalf of the Board of Directors,
GOLD HUNTER RESOURCES INC.
Sean A. Kingsley
President, CEO, and Director
For more information, please contact:
Email: info@goldhunterresources.com
Phone: +1 604-440-8474
Website: www.goldhunterresources.com
Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements:
This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements reflect current expectations regarding future events and are subject to risks and uncertainties that could cause actual results to differ materially. Factors such as metal price fluctuations, exploration results, project modifications, economic conditions, and regulatory changes may impact the Company's plans and performance.
Gold Hunter undertakes no obligation to update forward-looking statements except as required by law. Investors should not place undue reliance on these statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239688
FAQ
What are the terms of Gold Hunter Resources' (GHREF) February 2025 private placement?
How will Gold Hunter Resources (GHREF) use the $1.2M private placement proceeds?
What is the warrant acceleration clause in GHREF's February 2025 private placement?
Who are the key investors participating in Gold Hunter Resources' (GHREF) 2025 private placement?
