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GoldHaven Resources (CSE:GOH) closes private placements

Mining
CSE:GOH
26 November 2021 16:30 (EDT)

Source: GoldHaven Resources Corp.

GoldHaven (GOH) has closed its private placements for aggregate proceeds of $1,762,803.

The company issued 2,515,968 flow-through units and 636,250 non-flow-through units. The company issued an additional 500,000 non-flow-through units at a price of $0.40/unit for gross proceeds of $200,000.

Each unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase an additional common share at a price of $0.65 for a period of two years. The expiry of the warrants may be accelerated under certain conditions.

Finder’s fees were paid to Glores Securities Inc., StephenAvenue Securities, MMP MunichMining Partners GmbH and Haywood Securities Inc.

All securities issued have a four-month and one day hold period.

Net proceeds will be used to for exploration and drilling on its British Columbia, Newfoundland and Chilean gold projects and for general working capital.

GoldHaven Resources is a Canadian precious metals exploration company focused on acquiring and developing highly prospective gold projects in the Central Newfoundland Gold Belt (Canada) & the Maricunga Gold Belt in Chile.

GoldHaven Resources Corp. (GOH) is up 2.53 per cent on the day, trading at C$0.405 per share at 4:30 pm EST.

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