Gold Hunter Announces Private Placement for Gross Proceeds of up to C$1.25 Million

Executive Summary

• Gold Hunter Resources announces a non‑brokered private placement to raise up to C$1.25 million, enabling the start of its systematic drilling program at the Great Northern Project in Newfoundland.
• The offering consists of two unit types: 14.5 M flow‑through units at C$0.055 each (including FT warrants) and 9 M HD units at C$0.05 each (including HD warrants).
• Proceeds will fund eligible Canadian exploration expenses for the Great Northern Project (FT proceeds) and provide working capital/general corporate purposes (HD proceeds).

Key Details

• Total Gross Proceeds: Up to C$1,250,000.
• Units Offered:
• Flow‑Through Units (FT Units): Up to 14,545,455 units @ C$0.055 per unit.
  • Each FT Unit = 1 flow‑through common share + ½ common share purchase warrant.
  • FT Warrant: Right to acquire 1 common share at C$0.08 for 24 months from issuance.
• HD Units: Up to 9,000,000 units @ C$0.05 per unit.
  • Each HD Unit = 1 common share + 1 common share purchase warrant.
  • HD Warrant: Right to acquire 1 common share at C$0.075 for 24 months from issuance.
• Finder: Red Cloud Securities Inc. acting as finder.
• Use of Proceeds:
• FT Unit proceeds → eligible Canadian exploration expenses at the Great Northern Project (renounced to subscribers effective Dec 31 2025).
• HD Unit proceeds → working capital and general corporate purposes.
• Closing Conditions: Subject to regulatory approvals, including CSE approval; securities subject to statutory hold period of four months plus one day.
• CEO Commentary: Sean Kingsley emphasizes the financing positions Gold Hunter to transition from preparation into drilling on its district‑scale Great Northern Project.
• Corporate Update: Updated investor presentation now available, detailing land position, completed VTEM geophysical survey, and targeting strategy ahead of initial drill program.

Notable Quotes

“This financing is about positioning Gold Hunter at the exact moment it transitions from consolidation and preparation into drilling,” – Sean Kingsley, President & CEO.

Materiality Assessment: Material – Positive (significant capital raise to fund imminent exploration activities).