08:52:47 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Goldhaven Resources Corp
Symbol GOH
Shares Issued 71,684,703
Close 2022-11-16 C$ 0.08
Market Cap C$ 5,734,776
Recent Sedar Documents

Goldhaven arranges $500,000 financing; acquires Coya 6

2022-11-16 12:04 ET - News Release

Mr. Justin Canivet reports

GOLDHAVEN ANNOUNCES NON-BROKERED PRIVATE PLACEMENT, WARRANT AMENDMENTS & ACQUISITION OF COYA 6 CONCESSION

Goldhaven Resources Corp. has arranged a non-brokered private placement of up to 6.25 million units at eight cents per unit. Each unit consists of one common share of the company and one common share purchase warrant entitling the holder to purchase an additional common share of the company at a price of 12 cents per share for a period of 24 months from the closing of the offering. The expiry of the warrants may be accelerated if the closing price of the corporation's common shares on the Canadian Securities Exchange is equal to or greater than 35 cents for a minimum of 10 consecutive trading days and a notice of acceleration is provided in accordance with the terms of the warrants.

Finder's fees may be payable in connection with the offering.

All securities issued in connection with the offering will have a four-month-and-one-day hold period in Canada from the closing of the offering.

Net proceeds of the offering will be used for general working capital.

Warrant amendments

The company further announces that it has amended the warrant exercise price of the following warrants issued pursuant to non-brokered private placements on March 5, 2021, whereby the company issued 2,338,901 share purchase warrants exercisable until March 5, 2024; March 19, 2021, whereby the company also issued 495,140 share purchase warrants exercisable until March 19, 2024; Nov. 22, 2021, whereby the company issued 1,576,109 share purchase warrants exercisable until Nov. 22, 2023; and Nov. 26, 2021, whereby the company also issued 250,000 share purchase warrants exercisable until Nov. 26, 2023. All warrants issued pursuant to these private placements were exercisable at 65 cents per warrant share and the company has amended the exercise price of all the above-noted warrants to 12 cents.

If required by the Canadian Securities Exchange (CSE) the expiry date of the warrants shall be accelerated in accordance with CSE policy 6, section 7.4, as follows:

If the amended price is below the market price of the underlying security at the time the warrants were issued and, following the amendment, the exercise price is below the closing price of the underlying security for any 10 consecutive trading days by more than the permitted private placement discount, the term of the warrants must be amended to 30 days. The amended term must be announced by press release and the 30-day term will commence seven days from the end of the 10 day period.

Coya 6 mining concession

The company also reports that, pursuant to a purchase and sale agreement between Austral Exploraciones SpA and the company, Goldhaven has purchased the Coya 6 mining concession located in the Copiapo region of Chile through the issuance of one million common shares to Austral Exploraciones.

About Goldhaven Resources Corp.

Goldhaven Resources is a Canadian junior precious metals exploration Company focused on acquiring and exploring highly prospective land packages in both Canada and Chile. Goldhaven maintains a strategic presence in the gold and silver rich Maricunga gold belt of northern Chile which is host to several mining and advanced exploration projects including Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa (Kinross), Cerro Maricunga (Fenix Gold), Lobo-Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema), Caspiche (Goldcorp/Barrick) and Cerro Casale (Goldcorp/Barrick). The company has identified a total of 12 high-priority targets at its Alicia and Roma project areas in the Maricunga within a prominent regional northwest-southeast structural trend along strike from Gold Fields's Salares Norte deposit (5.2 million ounces of gold). These targets have been designated high-priority due to the extent, pervasive alteration, favourable geology, highly anomalous rock geochemical results and their relative proximity to existing deposits.

Goldhaven is also making exploration progress in Canada at its Smoke Mountain property, which is located in the central British Columbia porphyry-epithermal belt in close proximity to Surge Copper's Berg project, as well as at its Pat's Pond project in Newfoundland's central Newfoundland gold belt. Pat's Pond is located less than 20 kilometres from Marathon Gold's 3.14-million-ounce Valentine gold project and on strike from the Boomerang/Domino VMS (volcanogenic massive sulphide) deposit. Pat's Pond is highly prospective for gold, copper, silver and zinc and has large-scale discovery potential. Goldhaven engages pro-actively with local and indigenous rights holders; it seeks to develop relationships and agreements that are mutually beneficial to all stakeholders.

We seek Safe Harbor.

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