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Hi-View Resources Announces Flow Through Financing to Explore Toodoggone

VANCOUVER, BRITISH COLUMBIA – TheNewswire - JULY 10th, 2025 – HI-VIEW RESOURCES INC. (‘HI-VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces a

articleHi-view Resources IncJuly 10, 20255/company/hi-view-resources-inc-1/news/hi-view-resources-announces-flow-through-financing-to-explore-toodoggone
Hi-View Resources Announces Flow Through Financing to Explore Toodoggone

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[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA – TheNewswire - JULY 10th, 2025 – HI-VIEW RESOURCES INC. (‘HI-VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces a non-brokered private placement offering of 4,000,000 flow-through units of the Company (each, a “FT Unit”) at a price of C$0.105 per FT Unit for gross proceeds up to C$420,000 (the “Offering”). Each FT Unit consists of one (1) flow-through share of the Company (each, a “FT Share”) issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) and one half of one common share purchase warrant (each, a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of C$0.30 for a period of 36 months from the date of issuance. The gross proceeds from the sale of the FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures“) related to the Company’s projects in Canada. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Units effective December 31, 2025. The use of proceeds will be for exploration at the Company’s Toodoggone Projects in British Columbia. In accordance with the regulations of the Canadian Securities Exchange, an up to 10% finder’s fees may be applicable.  All securities issued pursuant to the Offering will be subject to a hold period of four months and one day as required under applicable securities legislation. Directors and officers of the Company may acquire securities under the Private Placement, which will be considered a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101“).  Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. The securities issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solici...

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