Financings
GoldHaven Announces C$5.0M LIFE Offering to Advance Magno and Copecal Projects
GoldHaven Secures 2026 Exploration Funding Amid Critical Mineral Rally
Executive Summary
- GoldHaven Resources Corp. announced a C$5,000,000 Listed Issuer Financing Exemption (LIFE) offering on April 30, 2026.
- The offering is priced at C$0.25 per Unit (one common share and one-half of one warrant).
- Warrants have an exercise price of C$0.35 and are exercisable for 24 months starting from the 62nd day after issuance.
- Proceeds will accelerate exploration at the Magno Project in British Columbia and the Copecal Gold Project in Brazil.
- The offering is expected to fully fund and expand a ~10,000 metre drill program at the Magno Project for 2026.
- Research Capital Corporation acts as the exclusive finder with an 8.0% cash fee plus non-transferable warrants.
- Closing date is scheduled on or about May 30th, 2026.
- Combined with recently completed flow-through financing, approximately $4.0 million in total capital will be directed toward the Magno Project in 2026.
Material Impact
- The C$5M LIFE offering provides essential liquidity to execute the previously announced 2026 drill program at Magno and Copecal.
- Issuance price of $0.25 is slightly below the recent trading range ($0.26-$0.29 in April 2026), indicating a discount to market which may cause short-term dilution pressure.
- The financing removes execution risk for the high-grade Magno project, ensuring the company can fund permitting and drilling without running out of cash mid-year.
- This follows a series of financings throughout early 2026 ($1.72M flow-through in March, $2.0M critical-mineral flow-through in February), suggesting this is part of an expected capital raise cycle rather than a surprise event.
- The inclusion of warrants adds future dilution potential but aligns investor interests with share price appreciation above the C$0.35 strike.
GOH · Price
Company Overview
- Company: GoldHaven Resources Corp. (CSE: GOH, OTCQB: GHVNF).
- Flagship Project: Magno Polymetallic Project in British Columbia (~37,200 hectares).
- Project Focus: District-scale polymetallic system targeting silver-lead-zinc carbonate replacement zones and tungsten-skarn mineralization.
- Secondary Asset: Copecal Gold Project in Brazil (Mato Grosso), focusing on gold-copper anomalies confirmed by initial drilling.
- Recent Milestones: Filed NI 43-101 technical report for Magno; completed inaugural diamond drilling at Copecal West Target confirming gold mineralization in bedrock.
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Jun 25, 2026 · 08:00