Gold Hunter increases private placement to $6.15M

Executive Summary

• Gold Hunter Resources Inc. has upsized its non-brokered private placement to raise up to $6.15 million in aggregate gross proceeds.
• The offering consists of two tranches: up to 30 million flow-through units at 5.5 cents per unit and up to 90 million non-flow-through (hard-dollar) units at 5 cents per unit.
• The company intends to use the net proceeds for project evaluation, general working capital, and satisfying existing property commitments and payables.

Key Details

• Aggregate Gross Proceeds: Up to $6.15 million.
• First Tranche: $1,175,652.04 in gross aggregate proceeds were included in the closing of the first tranche, as disclosed in the news release dated Dec. 31, 2025.
• Flow-Through (FT) Units:
  • Quantity: Up to 30 million units.
  • Price: 5.5 cents per FT unit.
  • Composition: One common share (flow-through share) and one-half of one share purchase warrant.
  • Warrant Terms: Each FT warrant entitles the holder to acquire one share at $0.08 for a period of 24 months from issuance.
• Non-Flow-Through (Hard-Dollar/HD) Units:
  • Quantity: Up to 90 million units.
  • Price: 5 cents per hard-dollar unit.
  • Composition: One share and one share purchase warrant.
  • Warrant Terms: Each HD warrant entitles the holder to acquire one warrant share at $0.075 for a period of 24 months from issuance.
• Shareholder Approval: The company will seek shareholder approval by written consent to comply with Canadian Securities Exchange Policy 4.6(2)(a)(i)(2), as the securities issuable exceed 100% of the total securities outstanding on a non-diluted basis.
• Warrant Restrictions: FT and HD warrants contain a restriction on exercise; they cannot be exercised until the company obtains the required shareholder approval.
• Use of Proceeds: Project evaluation, general working capital purposes, and satisfying existing property commitments and payables.
• Regulatory Conditions: Closing is subject to receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange.
• Statutory Hold: Securities are subject to a statutory hold period ending four months plus one day from the date of issuance.
• Finders' Fees: May be payable in accordance with CSE policies.

Notable Quotes

• None provided in the text.