Business
Goldflare Announces Its Reinstatement to Trading Along with Other Updates
Piedmont, Quebec--(Newsfile Corp. - December 17, 2025) - Goldflare Exploration Inc. (TSXV: GOFL)...
About this update from Goldflare Exploration Inc
[{"type":"text","content":"Goldflare Announces Its Reinstatement to Trading Along with Other UpdatesPiedmont, Quebec--(Newsfile Corp. - December 17, 2025) - Goldflare Exploration Inc. (TSXV: GOFL) (\"Goldflare\" or \"the Company\") wishes to announce its upcoming reinstatement following a review by the AMF and the TSX Venture Exchange (\"TSXV\"). Furthermore, the Company wishes to provide several updates, as follows:Goldflare has received and accepted, on September 18, 2025, from Multi-Ressources Boréal (9148-5706 Québec Inc.), a purchase offer for the acquisition of its Duplessis-Agar and Duplessis-Mountain properties, located in the Duplessis region of Abitibi. The offer, with a total value of CAD $250,000, is payable entirely in cash, in three instalments, over a maximum period of 30 days following the signing of the definitive agreement. This offer does not constitute a transaction with a related party of the Company. The offer is subject to full due diligence and to all applicable regulatory approval. Goldflare also confirms that the projects are free of any litigation or encumbrance, with the exception of an existing 1% NSR royalty. Goldflare will provide the buyer with all documentation and technical data associated with the claims, which comprise a total of 16 mining titles. No fees are associated with the transaction.The Company wishes to make a correction to the March 14, 2025, press release regarding the closing of a private placement. After the withdrawal of an investor from the placement, the final amount of the placement is $15,000, offered to eligible investors at a price of $0.045 per unit (1 unit = 1 common share + 1 warrant allowing the holder to acquire 1 common share at a price of $0.07 per share, for a period of 12 months following the closing of the placement). The offering totals 333,334 units. No insider participated to this placement and no intermediary fees were engaged. The offering is subject to final acceptance from the TSX Venture Exchange. The securities issued have been subject to a minimum holding period of four months plus one day. The placement proceeds will be used for various working capital requirements.Goldflare would like to disclose it retained, on October 9, 2024, Venture Liquidity Providers Inc. (VLP) to initiate its market-making services to provide assistance in maintaining an orderly trading market f...