Business
Strategic Investors Crescat Capital and Mr. Rob McEwen Participate In $3,157,193 Exercise Of Goliath Resource Warrants
Warrant Highlights: $6,377964 of warrants are still outstanding and deep in the money...
About this update from Goliath Resources Limited
[{"type":"text","content":"Strategic Investors Crescat Capital and Mr. Rob McEwen Participate In $3,157,193 Exercise Of Goliath Resource Warrants\n\n\n\n\n\n Warrant Highlights:\n \n\n\n\n\n\n $6,377964 of warrants are still outstanding and deep in the money with an average strike price of $0.65 will all expire this year on or before December 29, 2025; TSXV close yesterday was $1.82.\n \n\n\n\n Included in the total dollar amount above, $3,601,475 of these warrants have an average strike price of $0.68 and will all expire in the next few months on or before May 16, 2025.\n \n\n\n\n Additional funds further strengthen Goliath’s already solid financial position.\n \n\n\n\n\n TORONTO, March 21, 2025 (GLOBE NEWSWIRE) --\n \n Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF)\n \n\n (the “Company” or “Goliath”)\n \n is pleased to report strategic investors Crescat Capital owning ~14.4% and Mr. Rob McEwen owning ~3.9% have participated in warrant exercises. Since January 1, 2025 the Company has received a total of $3,157,193 in warrant exercises.\n \n\n There still remains a total of 6,377,964 warrants outstanding that are deep in the money representing a total of $6,377964 with an average strike price of $0.65 will all expire this year on or before December 29, 2025. This total dollar amount includes $3,601,475 of warrants outstanding deep in the money with an average strike price of $0.68 expiring in the next few months, on or before May 16, 2025.\n \n\n\n Roger Rosmus, Founder and CEO of Goliath, states:\n \n\n “We wish to thank the continued support of our strategic shareholders inclusive of Crescat Capital and Mr. Rob McEwen as well as our long-term shareholders for their early exercises of warrants. The funds received so far as well as the potential for additional funds of $6,377964 from deep in the money warrant exercises this year will further enhance and strengthen Goliath’s already healthy financial position.”\n \n\n\n\n Golddigger Property\n \n\n\n The Golddigger Property is 100% controlled and covers an area of 91,518 hectares in the world class geological setting of the Eskay Rift, within 3 kilometers of the Red Line in the Golden Triangle of British Columbia. This area has hosted some of Canada’s greatest mines including Eskay Creek, Premier and Snip. Other significant a...