Hi-View Upsizes Private Placement

Executive Summary

• Hi‑View Resources Inc. announced an upsized non‑brokered private placement to a total of 6,750,000 units at $0.30 per unit, targeting gross proceeds of up to $2.025 million.
• Each unit consists of one common share and half of a transferable common‑share purchase warrant; the full warrant allows purchase of an additional share at $0.45 for 24 months.
• Proceeds will be used for general corporate purposes, including payment of arm’s‑length payables.

Key Details

• Upsized Offering Size: 6,750,000 units (previously smaller).
• Price per Unit: $0.30.
• Gross Proceeds Target: Up to $2,025,000.
• Unit Composition:
• 1 common share
• ½ transferable common‑share purchase warrant (two halves equal one whole warrant).
• Warrant Terms: Each whole warrant permits the holder to buy one additional common share at $0.45 per share for a period of 24 months from issuance.
• Use of Proceeds: General corporate purposes, including settlement of arm‑length payables.
• Hold Period: All securities issued are subject to a four‑month‑and‑one‑day hold period as required by applicable securities legislation.
• Finder’s Fees: Up to 10 % may be payable on the private placement(s).
• Related Party Participation: Directors and officers may acquire securities; transaction treated as a related‑party transaction under MI 61‑101 and expected to be exempt from formal valuation and minority‑shareholder approval requirements.

Notable Quotes

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