16:45:02 EDT Sun 21 Apr 2024
Enter Symbol
or Name

Goldhaven Resources Corp
Symbol GOH
Shares Issued 71,684,703
Close 2023-03-31 C$ 0.055
Market Cap C$ 3,942,659
Recent Sedar Documents

Goldhaven cancels proposed deal with Oro Atacama

2023-03-31 18:58 ET - News Release

Mr. David Smith reports


Given the positive results from Goldhaven Resources Corp.'s 2022 Smoke Mountain exploration campaign in Southern British Columbia, Goldhaven's management and the board of directors have decided to release five property claims (news release dated Aug. 12, 2020) in the Chilean Maricunga gold belt. In keeping with this decision, the company is cancelling the proposed plan of arrangement with Oro Atacama SpA as announced on Jan. 5, 2023. The plan of arrangement proved untenable due to myriad of reasons. Despite this, the company is continuing in negotiations with the management of Oro Atacama SpA in an attempt to create a more expeditious and less burdensome deal structure that is attractive to both parties.

Investor relations update

The company further reports that they will settle the first three months payments due to Liviakis Financial through a shares for debt settlement. The company will issue 1,624,600 shares at a deemed price of five cents. All securities issued will have a hold period of four months plus one day.

Goldhaven entered into an agreement with Liviakis Financial Communications Inc. beginning Jan. 1, 2023, whereby Liviakis Financial would provide investor relations services to the company for a period of 12 months. Liviakis Financial is based in San Francisco, Calif., and has experience with providing investor relations services to junior public companies. The company and Liviakis Financial are at arm's length. This shares for debt agreement represents full and complete payment to Liviakis for his past services, and no further payables are being accrued by Liviakis to Goldhaven at this time.

About Goldhaven Resources Corp.

Goldhaven is a Canadian junior metal 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. 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' 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 at its Smoke Mountain property (Canada), which is strategically located in the central British Columbia porphyry-epithermal belt in close proximity to Surge Copper's Berg project, as well as its Pat's Pond claim in Newfoundland's central Newfoundland gold belt (Canada). Pat's Pond is strategically located in close proximity to Marathon Gold's 3.14-million-ounce Valentine gold project and on strike from the Boomerang/Domino 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, and seeks to develop relationships and agreements that are mutually beneficial to all stakeholders.

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