Hi-View receives $459K from warrant incentive program

Executive Summary

• Hi-View Resources Inc. completed its warrant incentive program, receiving $459,720 from the exercise of 3,831,000 common share purchase warrants.
• The company issued 3,831,000 new incentive warrants to induce the exercise, with an exercise price of 46 cents per share (increased from the initially announced 30 cents) and a three-year term.
• The exercised warrants were originally issued at 12 cents per share in a non-brokered private placement completed on June 25, 2025.

Key Details

• Warrant Exercise Proceeds: The company received $459,720 from the exercise of 3,831,000 warrants.
• Original Warrants:
  • Quantity Exercised: 3,831,000 warrants.
  • Exercise Price: 12 cents per share.
  • Original Issuance: Non-brokered private placement of 4.8 million units completed on June 25, 2025.
• Incentive Warrants Issued:
  • Quantity Issued: 3,831,000 common share purchase warrants (one for each warrant exercised).
  • Exercise Price: 46 cents per share (adjusted from an initial announcement of 30 cents following consultation with the Canadian Securities Exchange).
  • Term: Three years from the date of issuance.
  • Hold Period: Statutory hold period of four months and one day from the date of issuance of the incentive warrants.
• Unexercised Warrants: Warrants remaining unexercised after the program remain subject to their original terms and conditions; no incentive warrants will be issued upon their exercise.

Notable Quotes

• None provided in the text.