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Goliath Resources Announces Bought Deal Private Placement of Structured Flow-Through Financing for Gross Proceeds of C$23M
Goliath Resources Announces Bought Deal Private Placement of Structured Flow-Through Financing fo...
About this update from Goliath Resources Limited
[{"type":"text","content":"\n\n\n\n Goliath Resources Announces Bought Deal Private Placement of Structured Flow-Through Financing for Gross Proceeds of C$23M\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN\n \n CANADA\n \n ONLY AND IS NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n\n\n\n TORONTO\n \n\n ,\n \n\n Sept. 25, 2025\n \n\n /CNW/ -\n \n Goliath Resources Limited\n \n (TSXV: GOT) (OTCQB: GOTRF) (Frankfurt: B4IF) (the \"\n \n Company\n \n \" or \"\n \n Goliath\n \n \") is pleased to announce that it has entered into an agreement with Stifel Canada to act as sole bookrunner and lead underwriter, together with a syndicate of underwriters (collectively, the \"\n \n Underwriters\n \n \"), in connection with a \"bought deal\" private placement offering by the Company of (i) 1,190,477 common shares of the Company (the \"\n \n National Flow-Through Shares\n \n \") that intend to qualify as \"flow-through shares\" as defined in subsection 66(15) of the\n \n Income Tax Act\n \n (\n \n Canada\n \n ) (the \"\n \n Tax Act\n \n \") at a price of\n \n C$4\n \n .20 per National Flow-Through Share (the \"\n \n National FT\n \n\n Issue Price\n \n \") for gross proceeds of approximately\n \n C$5 million\n \n , and (ii) 4,054,054 common shares of the Company (the \"\n \n BC Flow-Through Shares\n \n \", and together with the National Flow-Through Shares, the \"\n \n Flow-Through Shares\n \n \") that intend to qualify as \"flow-through shares\" as defined in subsection 66(15) of the Tax Act at a price of\n \n C$4\n \n .44 per BC Flow-Through Share (the \"\n \n BC FT\n \n\n Issue Price\n \n \") for gross proceeds of approximately\n \n C$18\n \n million (the \"\n \n Offering\n \n \").\n \n\n The Company has granted the Underwriters an option to sell such number of additional National Flow-Through Shares as is equal to 15% of the number of Flow-Through Shares sold under the Offering...