14:51:53 EDT Fri 11 Sep 2026
Enter Symbol
or Name
USA
CA



Hi-View Resources Inc (2)
Symbol GXLD
Shares Issued 46,083,709
Close 2026-09-10 C$ 0.26
Market Cap C$ 11,981,764
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Hi-View Resources closes $2.3-million private placement

2026-09-11 09:44 ET - News Release

Mr. R. Nick Horsley reports

HI-VIEW RESOURCES CLOSES NON-BROKERED FLOW-THROUGH FINANCING

Further to its news releases dated Aug. 13, 2026, and Sept. 4, 2026, Hi-View Resources Inc. has closed its non-brokered private placement of charity flow-through units. The company issued 5,757,231 charity flow-through units at a price of 40 cents per charity flow-through unit for gross proceeds of $2,302,892.

Each charity flow-through unit consists of one common share in the capital of the company and one-half of one transferable common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional non-flow-through common share of the company at 42 cents per warrant share for a period of 24 months from the date of issuance. Each common share and one-half warrant will qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada).

The proceeds from the offering will be used to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as both terms are defined in the Income Tax Act (Canada) and as British Columbia flow-through mining expenditures as defined in the Income Tax Act (British Columbia) related to the company's projects in British Columbia. The company will renounce qualifying expenditures with an effective date of no later than Dec. 31, 2026, in an amount of not less than the total amount of the gross proceeds raised from the issuance of the charity flow-through units and incur such expenses by Dec. 31, 2027. The flow-through critical mineral mining expenditures will be eligible for a federal 30-per-cent investment tax credit for any eligible individual investors, and, for any individual investor who is resident or subject to tax in the province of British Columbia, the qualifying expenditures will also be eligible for the 20-per-cent additional tax credit under the Income Tax Act (British Columbia).

In connection with the offering, the company paid a cash finder's fee of $56,620.81 and issued 217,772 compensation warrants to a qualified arm's-length finder. Each compensation warrant entitles the holder thereof to purchase one common share in the capital of the company at 26 cents per compensation warrant share for a period of 24 months from the date of issuance.

All securities issued are subject to a statutory hold period of four months and one day from the date of issuance.

About Hi-View Resources Inc.

Hi-View Resources Inc., a publicly listed mineral exploration company on the Canadian Securities Exchange, is advancing a portfolio of gold, silver and copper assets in the Toodoggone region of Northern British Columbia. The company's 100-per-cent-owned and optioned projects cover more than 27,910 hectares and include the flagship Golden Stranger project, the Lawyers claims and the Borealis project -- all designated as high-priority targets. Additional properties under option include Saunders, Black Pearl, Oxide Summit, Nub, Ursus, Garnet and Harmon Peak. The company also has an additional 1,300 hectares currently under mineral claim application.

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