Business
Sasquatch Resources Closes Fully-Subscribed Financing, Adds Andrew Holloway to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - SASQUATCH RESOURCES CORP. (CSE: SASQ) ("Sasquatch" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Financing") (see Sasquatch's news releases dated January 19 and 26, 2026), raising gross proceeds of $600,000 through the issuance of 6,000,000 units (each, a "Unit") at a price of $0.10 per Unit. Each Unit consists of one common share of the Company (each, a.
About this update from Sasquatch Resources Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - SASQUATCH RESOURCES CORP. (CSE: SASQ) ("Sasquatch" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Financing") (see Sasquatch's news releases dated January 19 and 26, 2026), raising gross proceeds of $600,000 through the issuance of 6,000,000 units (each, a "Unit") at a price of $0.10 per Unit. Each Unit consists of one common share of the Company (each, a "Share") and one-half of one Share purchase warrant (each whole warrant, a "Warrant", exercisable for one Share at an exercise price of $0.15 until January 30, 2028).","length":730,"tagName":"p"},{"type":"text","content":"The Company intends to use the proceeds of the Financing for exploration and development of the Company's mineral properties and for general working capital. In connection with the Financing, the Company paid aggregate finder's fees of $3,000.","length":251,"tagName":"p"},{"type":"text","content":"The Company is also pleased to announce the appointment of Andrew Holloway, P. Eng., Metallurgist and Engineer, to the Company's board of directors. Mr. Holloway is a mining industry professional with over 35 years of diverse industry experience. A metallurgical process engineer by training, his background includes the management of consulting businesses and plant operations, process consulting, plant design, capital & operating cost estimation, cashflow modelling, project management, procurement and commissioning - on an international scale and with a focus on base and precious metals.","length":601,"tagName":"p"},{"type":"text","content":"Peter Smith, Sasquatch's CEO, welcomed Mr. Holloway to the board of directors, saying, "We are very excited to have Andrew join the board. His wealth of experience and connections in the mining industry, including in particular with respect to metallurgy and ore processing, will be invaluable for Sasquatch as we continue through our permitting stages at Mount Sicker, and as we continue to advance and evaluate other projects in our pipeline. Put plainly, Andrew can help us optimize the product we are creating from mining waste, as well as help find end buyers for it. We are certainly fortunate to have him...