Goldshore Announces Early Exercise of Warrants for $4.9 Million Gross Proceeds
Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) has secured CAD $4,875,000 through the early exercise of 37,500,000 common share purchase warrants at CAD $0.13 per share. These warrants, originally issued in November 2023 with a 36-month term, were part of a non-brokered private placement. CEO Michael Henrichsen stated that this funding will support the completion of the Preliminary Economic Assessment (PEA) expected in Q1 2025 and accelerate the company's strategic plan for the Moss Gold Deposit.
Additionally, Goldshore has issued 150,000 restricted share units (RSUs) to director Shawn Khunkhun, set to vest on July 29, 2025. These RSUs, issued under the company's Omnibus Incentive Plan, represent the right to receive common shares or cash equivalents upon vesting.
Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) ha ottenuto CAD $4,875,000 mediante l'esercizio anticipato di 37,500,000 warrants per l'acquisto di azioni ordinarie a CAD $0,13 per azione. Questi warrants, originariamente emessi nel novembre 2023 con una durata di 36 mesi, facevano parte di un collocamento privato non mediato. Il CEO Michael Henrichsen ha dichiarato che questo finanziamento supporterà il completamento della Valutazione Economica Preliminare (PEA) prevista per il primo trimestre del 2025 e accelererà il piano strategico dell'azienda per il Deposito Oro Moss.
Inoltre, Goldshore ha emesso 150,000 unità di azioni riservate (RSU) al dirigente Shawn Khunkhun, che verranno maturate il 29 luglio 2025. Queste RSU, emesse nell'ambito del Piano di Incentivi Omnibus dell'azienda, rappresentano il diritto di ricevere azioni ordinarie o equivalenti in contante al momento della maturazione.
Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) ha obtenido CAD $4,875,000 a través del ejercicio anticipado de 37,500,000 warrants de compra de acciones ordinarias a CAD $0.13 por acción. Estos warrants, emitidos originalmente en noviembre de 2023 con un plazo de 36 meses, formaron parte de una colocación privada no mediada. El CEO Michael Henrichsen afirmó que esta financiación apoyará la finalización de la Evaluación Económica Preliminar (PEA) prevista para el primer trimestre de 2025 y acelerará el plan estratégico de la empresa para el Depósito de Oro Moss.
Adicionalmente, Goldshore ha emitido 150,000 unidades de acciones restringidas (RSUs) al director Shawn Khunkhun, que se harán efectivas el 29 de julio de 2025. Estas RSUs, emitidas bajo el Plan de Incentivos Omnibus de la empresa, representan el derecho a recibir acciones ordinarias o equivalentes en efectivo al momento de su maduración.
Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF)는 CAD $4,875,000을 확보했습니다. 이것은 37,500,000주 일반주식 매수 증권을 주당 CAD $0.13에 조기 행사함으로써 이루어졌습니다. 이 증권은 원래 2023년 11월에 발행되었으며, 36개월의 유효 기간이 있습니다. 이는 중개인 없는 사적 배치의 일환이었습니다. CEO Michael Henrichsen은 이 자금이 2025년 1분기에 예정된 예비 경제성 평가(PEA)의 완료를 지원하고, Moss 금 매장지에 대한 회사의 전략 계획을 가속화할 것이라고 말했습니다.
또한 Goldshore는 150,000 제한 주식 단위(RSU)를 이사 Shawn Khunkhun에게 발행했으며, 이는 2025년 7월 29일에 질권이 설정됩니다. 이 RSU는 회사의 종합 인센티브 계획에 따라 발행되며, 질권이 설정될 때 일반주식 또는 현금 등가를 받을 권리를 나타냅니다.
Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) a obtenu CAD $4,875,000 par l'exercice anticipé de 37,500,000 bons de souscription d'actions ordinaires à CAD $0,13 par action. Ces bons, initialement émis en novembre 2023 avec une durée de 36 mois, faisaient partie d'un placement privé non intermédié. Le PDG Michael Henrichsen a déclaré que ce financement soutiendra l'achèvement de l'Évaluation Économique Préliminaire (PEA) prévue pour le premier trimestre 2025 et accélérera le plan stratégique de l'entreprise pour le gisement d'or Moss.
De plus, Goldshore a émis 150,000 unités d'actions restreintes (RSU) au directeur Shawn Khunkhun, qui seront acquises le 29 juillet 2025. Ces RSU, émises dans le cadre du Plan d'Incentives Omnibus de l'entreprise, représentent le droit de recevoir des actions ordinaires ou des équivalents monétaires lors de l'acquisition.
Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) hat CAD $4,875,000 durch die vorzeitige Ausübung von 37,500,000 Optionen zum Kauf von Stammaktien zu CAD $0,13 pro Aktie gesichert. Diese Optionen, die ursprünglich im November 2023 mit einer Laufzeit von 36 Monaten ausgegeben wurden, waren Teil einer nicht vermittelten Privatplatzierung. CEO Michael Henrichsen erklärte, dass diese Finanzierung die Fertigstellung der Vorläufigen Wirtschaftlichkeitsstudie (PEA), die für das erste Quartal 2025 geplant ist, unterstützen und den strategischen Plan des Unternehmens für das Moss Goldvorkommen beschleunigen wird.
Darüber hinaus hat Goldshore 150,000 beschränkte Aktieneinheiten (RSUs) an Direktor Shawn Khunkhun ausgegeben, die am 29. Juli 2025 fällig werden. Diese RSUs, die im Rahmen des Omnibus-Incentive-Planes des Unternehmens ausgegeben wurden, stellen das Recht dar, bei Fälligkeit Stammaktien oder Bargeldäquivalente zu erhalten.
- Secured CAD $4,875,000 through early warrant exercise
- Funding supports completion of PEA expected in Q1 2025
- Accelerates strategic plan for Moss Gold Deposit
- Potential dilution of existing shareholders due to warrant exercise
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce that it has secured funding of CAD
Michael Henrichsen, CEO of Goldshore commented, "The exercise of these warrants provides a significant boost to our treasury, securing funding through the completion of the Preliminary Economic Assessment ("PEA") expected in Q1 2025 and supporting the acceleration of our strategic plan to unlock the full value and potential of the Moss Gold Deposit. I would like to extend my sincere thanks to members of the SAF Group, insiders, and all close associates that participated in this warrant exercise for their continued support."
Issuance of RSUs
The Company has also issued 150,000 restricted share units ("RSUs") to Shawn Khunkhun, a director of the Company. The RSUs will fully vest on July 29, 2025, one year from the date of grant. Once vested, each RSU represents the right to receive one Common Share, the equivalent cash value thereof, or a combination of the two, at the Company's discretion. The issuance of RSUs have been made in accordance with the Company's Omnibus Incentive Plan (the "Plan") that was approved by the Company's shareholders on January 23, 2024.
About Goldshore
Goldshore is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The Company's current focus is the advanced stage
For More Information - Please Contact:
Michael Henrichsen
President, Chief Executive Officer and Director
Goldshore Resources Inc.
E: mhenrichsen@goldshoreresources.com
W: www.goldshoreresources.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this news release include, among others, statements relating to expectations regarding the exploration and development of the Moss Gold Project, the timing of completion and release of an updated preliminary economic assessment, the timing and completion of a strategic permitting plan and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance; and the impact of COVID-19.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218197
FAQ
How much funding did Goldshore Resources (GSHRF) secure through warrant exercise?
When is Goldshore Resources (GSHRF) expecting to complete its Preliminary Economic Assessment (PEA)?
How many RSUs did Goldshore Resources (GSHRF) issue to director Shawn Khunkhun?
What is the exercise price of the warrants exercised by Goldshore Resources (GSHRF)?
