Golden Pursuit Resources announced a non-brokered private placement to raise up to $1 million through two unit offerings. The company will issue 2.5 million non-flow-through units at $0.20 per unit ($500,000) and 2.0 million flow-through units at $0.25 per unit ($500,000). Each non-flow-through unit includes one common share and half a warrant exercisable at $0.25 for two years, while flow-through units include one flow-through share and half a warrant exercisable at $0.30 for two years. The proceeds will fund exploration at the company's Gordon Lake mineral properties in NWT and general corporate purposes. The offering is subject to TSX-V approval and includes a four-month hold period.
Golden Pursuit Resources ha annunciato un collocamento privato senza intermediari per raccogliere fino a 1 milione di dollari tramite due offerte di unit脿. La societ脿 emetter脿 2,5 milioni di unit脿 non flow-through a 0,20 dollari ciascuna (500.000 dollari) e 2 milioni di unit脿 flow-through a 0,25 dollari ciascuna (500.000 dollari). Ogni unit脿 non flow-through comprende una azione ordinaria e mezza warrant esercitabile a 0,25 dollari per due anni, mentre le unit脿 flow-through includono una azione flow-through e mezza warrant esercitabile a 0,30 dollari per due anni. I proventi serviranno a finanziare l'esplorazione delle propriet脿 minerarie Gordon Lake della societ脿 nei Territori del Nord-Ovest e a scopi aziendali generali. L'offerta 猫 soggetta all'approvazione della TSX-V e prevede un periodo di blocco di quattro mesi.
Golden Pursuit Resources anunci贸 una colocaci贸n privada sin intermediarios para recaudar hasta 1 mill贸n de d贸lares a trav茅s de dos ofertas de unidades. La compa帽铆a emitir谩 2,5 millones de unidades no flow-through a 0,20 d贸lares por unidad (500.000 d贸lares) y 2 millones de unidades flow-through a 0,25 d贸lares por unidad (500.000 d贸lares). Cada unidad no flow-through incluye una acci贸n com煤n y medio warrant ejercitable a 0,25 d贸lares durante dos a帽os, mientras que las unidades flow-through incluyen una acci贸n flow-through y medio warrant ejercitable a 0,30 d贸lares durante dos a帽os. Los fondos se destinar谩n a la exploraci贸n de las propiedades minerales Gordon Lake de la compa帽铆a en NWT y a fines corporativos generales. La oferta est谩 sujeta a la aprobaci贸n de TSX-V e incluye un per铆odo de retenci贸n de cuatro meses.
Golden Pursuit Resources a annonc茅 un placement priv茅 sans courtier visant 脿 lever jusqu'脿 1 million de dollars par le biais de deux offres d'unit茅s. La soci茅t茅 茅mettra 2,5 millions d'unit茅s non flow-through au prix de 0,20 $ par unit茅 (500 000 $) et 2 millions d'unit茅s flow-through au prix de 0,25 $ par unit茅 (500 000 $). Chaque unit茅 non flow-through comprend une action ordinaire et un demi-warrant exer莽able 脿 0,25 $ pendant deux ans, tandis que les unit茅s flow-through comprennent une action flow-through et un demi-warrant exer莽able 脿 0,30 $ pendant deux ans. Les fonds seront utilis茅s pour financer l'exploration des propri茅t茅s mini猫res Gordon Lake de la soci茅t茅 dans les Territoires du Nord-Ouest et pour des besoins g茅n茅raux de l'entreprise. L'offre est soumise 脿 l'approbation de la TSX-V et inclut une p茅riode de blocage de quatre mois.
Golden Pursuit Resources hat eine nicht vermittelte Privatplatzierung angek眉ndigt, um bis zu 1 Million US-Dollar durch zwei Einheitenangebote zu beschaffen. Das Unternehmen wird 2,5 Millionen Non-Flow-Through-Einheiten zu je 0,20 US-Dollar (500.000 US-Dollar) und 2 Millionen Flow-Through-Einheiten zu je 0,25 US-Dollar (500.000 US-Dollar) ausgeben. Jede Non-Flow-Through-Einheit umfasst eine Stammaktie und eine halbe Warrant, die zu 0,25 US-Dollar f眉r zwei Jahre aus眉bbar ist, w盲hrend Flow-Through-Einheiten eine Flow-Through-Aktie und eine halbe Warrant enthalten, die zu 0,30 US-Dollar f眉r zwei Jahre aus眉bbar ist. Die Erl枚se werden f眉r die Exploration der Gordon Lake-Mineralgrundst眉cke des Unternehmens in den Nordwest-Territorien und f眉r allgemeine Unternehmenszwecke verwendet. Das Angebot steht unter dem Vorbehalt der Genehmigung durch die TSX-V und beinhaltet eine viermonatige Haltefrist.
Positive
Raising up to $1 million in fresh capital for exploration and operations
Offering includes both flow-through and non-flow-through units providing flexibility for investors
Proceeds will advance exploration programs at Gordon Lake mineral properties
Negative
Potential dilution for existing shareholders
Four-month hold period restricts immediate trading of new shares
Subject to TSX-V approval which adds uncertainty to the completion
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Golden Pursuit Resources Ltd. (TSXV: GDP) (the "Company" or "GDP") announces that it will conduct a non-brokered private placement of up to 2.5 million non-flow-through units at $0.20 per unit for proceeds of up to $500,000 and 2.0 million flow-through units at $0.25 per unit for proceeds of up to $500,000.
Each non-flow-through unit will consist of one non-flow-through common share and one-half of one non-flow-through warrant. Each whole warrant will entitle the holder to purchase one common share at a price of $0.25 per share for a period of two years from issuance.
Each flow-through unit will consist of one flow-through common share and one-half of one flow-through warrant. Each whole warrant will entitle the holder to purchase one flow-through common share at a price of $0.30 per share for a period of two years from issuance.
All securities issued in connection with the private placement will be subject to a four-month statutory hold period.
The Company may pay finder's fees in cash, shares or warrants and any combination thereof to investment dealers or others (where permitted by law) and in accordance with the rules of the TSX Venture Exchange.
The private placement proceeds will be used to conduct exploration programs on the Company's mineral properties at Gordon Lake, located in the NWT, and for general corporate purposes.
Completion of the private placement remains subject to the approval of the TSX-V.
GOLDEN PURSUIT RESOURCES LTD.
Per: "Brian McClay" Brian McClay, President
CONTACT INFORMATION: Brian McClay Email: [email protected] Tel: (604) 730-6982
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
FAQ
What is the size and structure of Golden Pursuit Resources' private placement?
Golden Pursuit Resources is raising up to $1 million through two unit offerings: $500,000 from non-flow-through units at $0.20 and $500,000 from flow-through units at $0.25.
How will Golden Pursuit Resources (FPVTF) use the proceeds from the private placement?
The proceeds will be used to conduct exploration programs at the company's Gordon Lake mineral properties in NWT and for general corporate purposes.
What are the warrant terms in Golden Pursuit Resources' private placement?
Non-flow-through warrants are exercisable at $0.25 per share, while flow-through warrants are exercisable at $0.30 per share, both for a two-year period.
How long is the hold period for securities issued in Golden Pursuit Resources' private placement?
All securities issued in the private placement will be subject to a four-month statutory hold period.
What regulatory approvals are needed for Golden Pursuit Resources' private placement?
The private placement requires approval from the TSX Venture Exchange (TSX-V) for completion.
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