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Hi-View Announces Closing Of First Tranche Of Non-Brokered Flow Through Private Placement

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(TheNewswire)


    VANCOUVER, BRITISH COLUMBIA, AUGUST
    1, 2025 – TheNewswire
    - HI-VIEW RESOURCES INC.
    (‘HI-VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE:
    B63) announces today that pursuant to its news
    release dated July 10, 2025, the Company has close the first tranche of its non-brokered flow through private
    placement consisting of 3,444,485 flow through units (the
    “FT Units”) at a price of $0.105 per FT Unit for gross proceeds of
    $361,670.93 (the “Private
    Placement”).


    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 until
    5.00pm (Vancouver Time) on or before August 1, 2028, subject to
    an acceleration provision whereby if the closing price of the
    Issuer’s Shares is greater than $0.50 for a minimum
    period of 10 consecutive trading days on the CSE, then the Company
    may, in its sole discretion, elect to provide written notice to the
    holders of the Warrants that the Warrants will expire at 5:00
    p.m.(Vancouver time) on the date that is 30 days from the date of the
    written notice


    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) related to the Company’s projects in
    Canada.


    A director and officer and an officer of the Company, acquired
    directly and indirectly, an aggregate of 952,524 Units in the Private
    Placement.  Participation of insiders of the Company in the Offering
    constitutes a related party transaction as defined under Multilateral
    Instrument 61-101 – Protection of
    Minority Security Holders in Special Transactions (“MI 61-101”). The Company is
    relying on the exemption from the formal valuation requirements of
    Section 5.4 of MI 61-101 pursuant to Subsection 5.5(a) of MI 61-101
    and the exemption from the minority approval requirements of Section
    5.6 of MI 61-101 pursuant to Subsection 5.7(1)(a) of MI 61-101. The
    securities issued pursuant to the Offering are subject to a statutory
    hold period of four months plus one day.


    Finder's fees of $710.01 cash and 20,955 broker
    warrants were paid to certain eligible finders in connection with
    applicable securities laws and Canadian Securities Exchange policies.
     Each broker warrant entitles the holder thereof to acquire one
    additional Common Share at a price of $0.30 until 5.00pm (Vancouver Time) on or before August 1,
    2028.


    All securities issued pursuant to the Private Placement
    are subject to a hold period of four months and one day as required
    under applicable securities legislation which expires on December 2,
    2025.


    In addition, the Company is
    making the second tranche of the private placement available to
    certain subscribers pursuant to B.C. Instrument 45-536 - Exemption
    Form Prospectus Requirement for Certain Distributions Through an
    Investment Dealer and the corresponding blanket orders and rules in
    other Canadian jurisdictions. In accordance with the requirements of
    the investment dealer exemption, the Company confirms that there is no
    material fact or material change about the Company that has not been
    generally disclosed.


    This news release does not constitute an offer to sell
    or a solicitation of an offer to buy any of the securities in the
    United States. The securities have not been and will not be registered
    under the United States Securities Act of 1933, as amended (the
    “U.S. Securities Act”) or any state securities laws and may not be
    offered or sold within the United States or to U.S. Persons unless
    registered under the U.S. Securities Act and applicable state
    securities laws or an exemption from such registration is
    available.


    About Hi-View Resources Inc.


    Hi-View Resources Inc. is a mineral exploration company
    targeting gold, silver, and copper in the Toodoggone region of
    northern British Columbia, Canada. It’s 100% owned properties span
    9,749 hectares, including the Golden Stranger Property (2,669
    hectares) and the Lawyers East, West, and South claims. The Golden
    Stranger project is fully permitted with 45 drill-ready sites.
    Historical drilling highlights include 10 meters at 11.55 g/t gold,
    and a pre-NI 43-101 estimate (non-compliant) of 498,905 tonnes at 2.74
    g/t gold. In 2024, sampling yielded up to 111.5 g/t gold and 2,740 g/t
    silver, with new mineralized zones identified 1.3 km from the main
    showings, indicating significant exploration potential. For further
    details, check Hi-View’s official website or recent filings on
    SEDAR+ (www.sedarplus.ca).

    On Behalf of the Board of Directors,

    “R. Nick Horsley”

    R. Nick Horsley, CEO

    For further information, pleasecontact:

    Hi-View Resources Inc.

    Howard Milne - President

    Email: info@hiviewresources.com

    Telephone: (604) 377-8994

    Website: www.hiviewresources.com   

    FORWARD LOOKING STATEMENTS: 

    This news release includes certainstatements that may be deemed “forward-looking statements”. Allstatements in this new release, other than statements of historicalfacts, that address events or developments that the Company expects tooccur, are forward-looking statements. Forward-looking statements arestatements that are not historical facts and are generally, but notalways, identified by the words “expects”, “plans”,“anticipates”, “believes”, “intends”, “estimates”,“projects”, “potential” and similar expressions, or thatevents or conditions “will”, “would”, “may”, “could”or “should” occur.  Forward-looking statements in this newsrelease includes statements related to the proposed Transaction andrelated matters. Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results may differ materially from those in theforward-looking statements. Factors that could cause the actualresults to differ materially from those in forward-looking statementsinclude market prices, continued availability of capital andfinancing, and general economic, market or business conditions.Investors are cautioned that any such statements are not guarantees offuture performance and actual results or developments may differmaterially from those projected in the forward-looking statements.Forward-looking statements are based on the beliefs, estimates andopinions of the Company’s management on the date the statements aremade. Except as required by applicable securities laws, the Companyundertakes no obligation to update these forward-looking statements inthe event that management's beliefs, estimates or opinions, or otherfactors, should change.

    Neither the Canadian SecuritiesExchange nor its Regulation Services Provider accepts responsibilityfor the adequacy or accuracy of this release.

    1,2 AuEq in Thesis News Releasedated Spetember5th, 2024 is defined in the mineral resources as beingAu=Ag/80.

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