Goliath Resources Limited (TSXV: GOT) has completed a concurrent non‑brokered private placement alongside an earlier bought‑deal, raising a total of C$27.07M through charity flow‑through shares priced at C$3.17 each. The company issued 7.26M shares in the bought‑deal and an additional 1.28M in the non‑brokered placement.
Under the terms, Goliath paid a 6% cash commission and issued warrants equal to 6% of the shares subscribed. These warrants can be exercised at C$2.12 each and expire in June 2027. The cash commission was paid from existing corporate funds, not the financing proceeds.
Funds will be used to accelerate drilling and exploration at the flagship Golddigger‑Surebet gold project in British Columbia’s prolific Golden Triangle. All expenditures will qualify as Canadian exploration expenses and flow‑through critical‑mineral mining expenditures under the Income Tax Act. The BC flow‑through expenses are being renounced by December 2025, with qualifying spending to be completed by December 2026.
For more information, please visit www.goliathresourcesltd.com
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