Giant Mining Closes $3,037,458.60 Non-Brokered Special Warrant Offering

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[{"type":"text","content":"VANCOUVER, BC — June 27, 2025 — TheNewswire - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce that further to its news release dated June 2, 2025, it has closed a non-brokered private placement of 15,187,293 special warrants of the Company (each, a “Special Warrant”) at a price of $0.20 per Special Warrant, for aggregate gross proceeds of $3,037,458.60  the “Offering”). Each Special Warrant will automatically convert, for no additional consideration, into one unit of the Company (each a “Unit”) on the date that is the earlier of: (i) the date that is three business days following the date on which the Company files a prospectus supplement to a short form base shelf prospectus with the securities commissions qualifying distribution of the Units underlying the Special Warrants (the “Prospectus Supplement”), and (ii) the date that is four months and one day after the closing of the Offering. Each Unit will be comprised of one common share of the Company (each, a “Share”) and one share purchase warrant (each, a \"Warrant\") of the Company, with each Warrant exercisable into one additional Share at an exercise price of $0.32 for four (4) years from the date of closing. The Warrants are subject to an accelerated expiry if the trading price of the Shares on the Canadian Securities Exchange (the “CSE”), or such other market as the Shares may trade from time to time, is or exceeds $0.80 for any five (5) consecutive trading days, in which event the Warrant holder may, at the Company’s election, be given notice by way of a news release that the Warrants will expire 30 days following the date of such notice.  The Warrants may be exercised by the Warrant holder during the 30-day period between the notice and the expiration of the Warrants. The Warrants will be subject to ten percent blocker provision that restrict the exercise of any Warrants, in the event that such exercise would result in the applicable securityholder holding ten percent or more of the issued and outstanding Shares at such time. In connection with the Offering, the Company has paid finder’s fees totaling $102,080 and issued an aggregate of 510,400 non-transferable broker warrants (the “Broker Warrants”) to arm’s-length parties. Each Broker Warrant entitles the holder to purchase one Share at an exerci...

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