Gold Hunter arranges $1.25-million private placement

Executive Summary

• Gold Hunter Resources Inc. has arranged a non-brokered private placement for aggregate gross proceeds of up to C$1.25 million to fund its first systematic drilling program at the Great Northern project in Newfoundland.
• The offering consists of two tranches: flow-through units priced at 5.5 cents and hard-dollar units priced at 5 cents, with Red Cloud Securities Inc. acting as a finder.
• Proceeds will be used for eligible Canadian exploration expenses at the Great Northern project (flow-through) and working capital/general corporate purposes (hard-dollar).

Key Details

• Total Gross Proceeds: Up to C$1.25 million.
• Flow-Through Units:
  • Quantity: Up to 14,545,455 units.
  • Price: 5.5 cents per unit.
  • Composition: One common share (flow-through) and one-half of one common share purchase warrant.
  • Warrant Terms: Entitles holder to acquire one common share at $0.08 per share for 24 months from issuance.
  • Use of Proceeds: Eligible Canadian exploration expenses at the Great Northern project; qualifying expenditures renounced to subscribers effective Dec. 31, 2025.
• Hard-Dollar Units:
  • Quantity: Up to 9,000,000 units.
  • Price: 5 cents per unit.
  • Composition: One common share and one common share purchase warrant.
  • Warrant Terms: Entitles holder to acquire one warrant share at $0.075 per share for 24 months from issuance.
  • Use of Proceeds: Working capital and general corporate purposes.
• Finder: Red Cloud Securities Inc.
• Regulatory Conditions: Closing is subject to receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange (CSE).
• Hold Period: Securities subject to a statutory hold period ending four months plus one day from the date of issuance.
• Project Context: The financing positions the company to transition from consolidation/preparation into its first systematic drilling program at the Great Northern project, which covers 26,237 hectares along the Doucers Valley fault structure.

Notable Quotes

• "This financing is about positioning Gold Hunter at the exact moment it transitions from consolidation and preparation into drilling," said Sean Kingsley, president and chief executive officer of Gold Hunter.
• "We now control a district-sized project with a gold-bearing fault system in one of the world's most active mining jurisdictions, with modern geophysics completed, targets being finalized and drilling in sight. This offering allows us to move decisively while maintaining discipline, tight ownership and strong alignment with shareholders."