Business
GoldHaven Resources Announces C$2.5 Million in Private Placements
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2021) - GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) ("GoldHaven" or the "Company"
About this update from Goldhaven Resources Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 16, 2021) - GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) (\"GoldHaven\" or the \"Company\") announces flow-through non-brokered private placements and a non-flow through private placement. The Company will issue up to 2,884,616 National FT Units (\"National FT Units\") and up to 961,538 BC Flow-Through Units (\"BC FT Units\") at a price of $0.52 per Unit and, up to 1,250,000 non-flow through units (\"NFT Units\") at a price of $0.40 per NFT Unit (collectively, the \"Private Placement\") for aggregate proceeds of up to $2,500,000. Each unit consists of one common share of the Company and one-half of one common share purchase warrant, each whole warrant entitles the holder to purchase an additional common share of the Company at a price of $0.65 per share (the \"Warrants\") for a period of 24 months from the closing of the Offering. The expiry of the Warrants may be accelerated if the closing price of the Corporation's common shares on the Canadian Securities Exchange is equal to or greater than $0.90 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants. The common shares forming part of the National FT Units and BC FT Units, will be issued as \"flow-through shares.\" The Company anticipates closing portions of all financings within a week. All securities issued in connection with the Offering have a four-month and one day hold period in Canada from closing. Net proceeds of the Offering will be used to for exploration and drilling on its British Columbia, Newfoundland and Chilean gold projects and general working capital. None of the foregoing securities have been or will be registered under the United States Securities Act of 1933, as amended (the \"1933 Act\") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would...