Hi-View Announces Closing Of First Tranche Of The Non-Brokered Private Placement

Executive Summary

• Hi‑View Resources Inc. closed the first tranche of its non‑brokered private placement, issuing 1,628,000 units at $0.20 per unit for gross proceeds of $325,600.
• Finder’s fees of $8,400 were paid and 42,000 broker warrants (each warrant for one common share at $0.30) were issued to eligible finders.
• Proceeds will be used for general corporate purposes, including payment of arm‑length payables; all securities are subject to a four‑month‑plus‑one‑day hold period.

Key Details

• Units sold: 1,628,000 units at $0.20 per unit.
• Gross proceeds: $325,600.
• Finder’s fees paid: $8,400.
• Broker warrants issued: 42,000 warrants (each warrant = right to purchase one common share at $0.30, exercisable until 5 p.m. Vancouver time on or before 18 Nov 2027).
• Hold period: Securities subject to a hold period of four months and one day as required by applicable securities legislation.
• Use of proceeds: Allocated toward general corporate purposes, including arm’s‑length payables.
• Closing date reference: Closing follows the company’s news release dated 31 Oct 2025.

Notable Quotes

“R. Nick Horsley, CEO” – signatory on behalf of the Board of Directors (no substantive quote provided).