Gold Hunter Closes +40% Oversubscribed Non-Brokered Private Placement
Gold Hunter Resources (CSE: HUNT, OTC: HNTRF) has successfully closed its non-brokered private placement, raising $1,706,199.92 - over 40% more than the initially planned $1.2 million. The oversubscribed financing resulted in the issuance of 28,436,665 Units at $0.06 per Unit.
Each Unit includes one common share and half of a transferable purchase warrant, with each full warrant allowing the purchase of an additional share at $0.12 within 24 months. Notable investor Eric Sprott participated through 2176423 Ontario , subscribing for 3,333,333 Units, increasing his holdings to 7.26% (partially diluted) and 9.88% (fully diluted). Company directors subscribed for 600,000 Units.
The Company paid $25,695.00 in finder's fees and issued 428,250 non-transferable finder's warrants. The proceeds will be used for general operational expenses and ongoing business activities.
Gold Hunter Resources (CSE: HUNT, OTC: HNTRF) ha chiuso con successo il suo collocamento privato non intermediarato, raccogliendo $1.706.199,92 - oltre il 40% in più rispetto ai $1,2 milioni inizialmente previsti. Il finanziamento sovrascritto ha portato all'emissione di 28.436.665 Unit a $0,06 ciascuna.
Ogni Unit include un'azione comune e metà di un warrant di acquisto trasferibile, con ogni warrant completo che consente l'acquisto di un'ulteriore azione a $0,12 entro 24 mesi. L'investitore di spicco Eric Sprott ha partecipato tramite 2176423 Ontario, sottoscrivendo 3.333.333 Unit, aumentando le sue partecipazioni al 7,26% (parzialmente diluito) e al 9,88% (completamente diluito). I membri del consiglio dell'azienda hanno sottoscritto 600.000 Unit.
L'azienda ha pagato $25.695,00 in commissioni per i mediatori e ha emesso 428.250 warrant non trasferibili. I proventi saranno utilizzati per le spese operative generali e le attività aziendali in corso.
Gold Hunter Resources (CSE: HUNT, OTC: HNTRF) ha cerrado con éxito su colocación privada no intermediada, recaudando $1,706,199.92 - más del 40% de lo inicialmente planeado de $1.2 millones. La financiación sobre suscrita resultó en la emisión de 28,436,665 Unidades a $0.06 por Unidad.
Cada Unidad incluye una acción común y la mitad de un warrant de compra transferible, con cada warrant completo permitiendo la compra de una acción adicional a $0.12 dentro de 24 meses. El notable inversor Eric Sprott participó a través de 2176423 Ontario, suscribiendo 3,333,333 Unidades, aumentando su participación al 7.26% (diluido parcialmente) y al 9.88% (diluido completamente). Los directores de la empresa suscribieron 600,000 Unidades.
La empresa pagó $25,695.00 en comisiones de intermediarios y emitió 428,250 warrants de intermediarios no transferibles. Los ingresos se utilizarán para gastos operativos generales y actividades comerciales en curso.
골드 헌터 리소스 (CSE: HUNT, OTC: HNTRF)는 비중개 사모 배치를 성공적으로 마감하며 $1,706,199.92를 모금했습니다. 이는 원래 계획된 $1.2 백만보다 40% 이상 증가한 금액입니다. 초과 구독된 자금 조달은 28,436,665 유닛을 유닛당 $0.06에 발행하는 결과를 가져왔습니다.
각 유닛에는 하나의 보통주와 반개의 양도 가능한 구매 보증서가 포함되어 있으며, 각 완전 보증서는 24개월 이내에 $0.12에 추가 주식을 구매할 수 있도록 합니다. 저명한 투자자 에릭 스프로트는 2176423 온타리오를 통해 참여하여 3,333,333 유닛을 구독하였고, 그의 보유 지분은 7.26% (부분 희석) 및 9.88% (완전 희석)로 증가했습니다. 회사 이사들은 600,000 유닛을 구독했습니다.
회사는 중개인 수수료로 $25,695.00를 지급하고 428,250개의 양도 불가능한 중개인 보증서를 발행했습니다. 수익금은 일반 운영 비용 및 지속적인 비즈니스 활동에 사용될 것입니다.
Gold Hunter Resources (CSE: HUNT, OTC: HNTRF) a réussi à clôturer son placement privé non intermédié, levant $1,706,199.92 - plus de 40 % par rapport aux $1,2 million initialement prévus. Le financement sursouscrit a abouti à l'émission de 28,436,665 unités à $0,06 par unité.
Chaque unité comprend une action ordinaire et la moitié d'un bon de souscription transférable, chaque bon complet permettant l'achat d'une action supplémentaire à $0,12 dans les 24 mois. L'investisseur notable Eric Sprott a participé par l'intermédiaire de 2176423 Ontario, souscrivant 3,333,333 unités, augmentant ainsi sa participation à 7,26 % (diluée partiellement) et 9,88 % (diluée entièrement). Les directeurs de la société ont souscrit 600 000 unités.
La société a payé $25,695.00 en frais de courtage et a émis 428 250 bons de souscription non transférables. Les recettes seront utilisées pour les dépenses opérationnelles générales et les activités commerciales en cours.
Gold Hunter Resources (CSE: HUNT, OTC: HNTRF) hat erfolgreich seine nicht vermittelte Privatplatzierung abgeschlossen und $1,706,199.92 gesammelt - über 40% mehr als die ursprünglich geplanten $1,2 Millionen. Die überzeichnete Finanzierung führte zur Ausgabe von 28,436,665 Einheiten zu je $0,06 pro Einheit.
Jede Einheit umfasst eine Stammaktie und die Hälfte eines übertragbaren Kaufwarrants, wobei jeder vollständige Warrant den Kauf einer zusätzlichen Aktie zu $0,12 innerhalb von 24 Monaten ermöglicht. Der bemerkenswerte Investor Eric Sprott nahm über 2176423 Ontario teil und zeichnete 3,333,333 Einheiten, wodurch sein Anteil auf 7,26% (teilweise verwässert) und 9,88% (vollständig verwässert) erhöht wurde. Die Unternehmensleiter zeichneten 600.000 Einheiten.
Das Unternehmen zahlte $25,695.00 an Vermittlungsgebühren und gab 428,250 nicht übertragbare Vermittlungswarrants aus. Die Erlöse werden für allgemeine Betriebskosten und laufende Geschäftstätigkeiten verwendet.
- Raised $1.7M, exceeding target by 40% showing strong investor demand
- Strategic investment from Eric Sprott increasing his ownership stake
- Successful capital raise strengthens company's financial position
- Share dilution from issuance of 28.4M new units
- Additional potential dilution from warrant exercise
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTC Pink: HNTRF) ("Gold Hunter", "HUNT" or the "Company") is pleased to announce the successful closing of its previously announced non-brokered private placement, raising total gross proceeds of
The Company initially announced on February 5th, 2025, its intention to raise
Each Unit consists of one common share (a "Share") and one-half of one transferable common share purchase warrant. (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one additional Share at an exercise price of
"The team at Gold Hunter would like to thank all of our continued shareholders, and welcome our new investors to the Company," commented Sean Kingsley, President & CEO of Gold Hunter. "We are excited of what the Great Northern Project can be and look forward to working for each and every shareholder to realize the potential."
Insider Participation:
Eric Sprott, subscribed for 3,333,333 Units through 2176423 Ontario Ltd., a corporation beneficially owned by him. This investment has increased Mr. Sprott's holdings of common shares to
Directors of the Company subscribed for an aggregate of 600,000 Units. Participation by an insider constitutes a related party transaction as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101").
In relation to the financing, the Company has also paid finder's fees of
The Company intends to allocate the funds raised towards general operational expenses and ongoing business activities.
About Gold Hunter Resources
Gold Hunter Resources is a mineral exploration company committed to the evaluation and development of mineral-rich regions in Newfoundland and Labrador, as well as Ontario, Canada. Our operations are concentrated in areas known for their abundant mineral resources. We're dedicated to unveiling the full potential of our project sites in a manner that prioritizes responsibility and sustainability.
On Behalf of the Board of Directors,
GOLD HUNTER RESOURCES INC.
"Sean A. Kingsley"
President, CEO, and Director
Direct Contact Information:
Email: info@goldhunterresources.com
Phone: +1 604-440-8474
Investor Relations, Corporate Communications & Media, please contact:
Colton Welgan at +1 250-816-5523 or email colton@goldhunterresources.com
The Canadian Securities Exchange and its Regulation Services Provider do not take responsibility for the accuracy of the content of this news release.
Forward-Looking Statement Disclaimer
This press release contains "forward-looking statements" concerning the Company's activities, exploration, drilling, and mineralization projects. These statements reflect the current views and assumptions of the Company's management and involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ substantially from any future results implied by these forward-looking statements. The Company is under no obligation to update or revise these forward-looking statements if management's beliefs, estimates, or opinions change. Potential risks include operational hazards, geological uncertainties, assay interpretation, securing necessary permits, and financial contingencies. For a comprehensive discussion of these risk factors, please refer to the Company's publicly available documents at www.sedarplus.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244064