Hi-View Resources Announces Flow Through Financing to Explore Toodoggone
(TheNewswire)
VANCOUVER, BRITISH COLUMBIA –TheNewswire - JULY 10th, 2025 – HI-VIEW RESOURCES INC.(‘HI-VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE:B63) announces a non-brokered private placementoffering of 4,000,000 flow-through units of the Company (each, a“FT Unit”) at a price of C$0.105 per FT Unit for gross proceeds upto C$420,000 (the “Offering”).
Each FT Unit consists of one (1) flow-through share ofthe Company (each, a “FT Share”) issued as a “flow-through share” within the meaningof the Income TaxAct (Canada) and one half of one common sharepurchase warrant (each, a “Warrant”). Each whole Warrant entitles theholder thereof to purchase one Common Share at a price of C$0.30 for aperiod of 36 months from the date of issuance.
The gross proceeds from the sale of the FT Shares willbe used by the Company to incur eligible “Canadian explorationexpenses” that will qualify as “flow-through miningexpenditures” as such terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures“) related to theCompany’s projects in Canada. All Qualifying Expenditures will berenounced in favour of the subscribers of the FT Units effectiveDecember 31, 2025.
The use of proceeds will be for exploration at the Company’sToodoggone Projects in British Columbia.
In accordance with the regulations of theCanadian Securities Exchange, an up to 10%finder’s fees may be applicable. All securities issued pursuant tothe Offering will be subject to a hold period of four months and oneday as required under applicable securities legislation.
Directors and officers of the Company may acquiresecurities under the Private Placement, which will be considered a“related party transaction” as defined under MultilateralInstrument 61-101 (“MI61-101“). Such participation is expected tobe exempt from the formal valuation and minority shareholder approvalrequirements of MI 61-101.
The securities issued pursuant tothe Offering have not been, nor will they be, registered under theUnited States Securities Act of 1933, as amended, and may not beoffered or sold within the United States or to, or for the account orbenefit of, U.S. persons in the absence of U.S. registration or anapplicable exemption from the U.S. registration requirements. Thisnews release shall not constitute an offer to sell or the solicitationof an offer to buy nor shall there be any sale of the securities inthe United States or in any other jurisdiction in which such offer,solicitation or sale would be unlawful.
About Hi-View Resources Inc.
Hi-View Resources Inc. is a mineral exploration companytargeting gold, silver, and copper in the Toodoggone region ofnorthern British Columbia, Canada. It’s 100% owned properties span9,749 hectares, including the Golden Stranger Property (2,669hectares) and the Lawyers East, West, and South claims. The GoldenStranger project is fully permitted with 45 drill-ready sites.Historical drilling highlights include 10 meters at 11.55 g/t gold,and a pre-NI 43-101 estimate (non-compliant) of 498,905 tonnes at 2.74g/t gold. In 2024, sampling yielded up to 111.5 g/t gold and 2,740 g/tsilver, with new mineralized zones identified 1.3 km from the mainshowings, indicating significant exploration potential. For furtherdetails, check Hi-View’s official website or recent filings onSEDAR.
On Behalf of the Board of Directors,
“R. Nick Horsley”
R. Nick Horsley, CEO
For further information, pleasecontact:
Hi-View Resources Inc.
Howard Milne - President
Email: info@hiviewresources.com
Telephone: (604) 377-8994
Website: www.hiviewresources.com
FORWARD LOOKING STATEMENTS:
This news release includes certainstatements that may be deemed “forward-looking statements”. Allstatements in this new release, other than statements of historicalfacts, that address events or developments that the Company expects tooccur, are forward-looking statements. Forward-looking statements arestatements that are not historical facts and are generally, but notalways, identified by the words “expects”, “plans”,“anticipates”, “believes”, “intends”, “estimates”,“projects”, “potential” and similar expressions, or thatevents or conditions “will”, “would”, “may”, “could”or “should” occur. Forward-looking statements in this newsrelease includes statements related to the proposed Transaction andrelated matters. Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results may differ materially from those in theforward-looking statements. Factors that could cause the actualresults to differ materially from those in forward-looking statementsinclude market prices, continued availability of capital andfinancing, and general economic, market or business conditions.Investors are cautioned that any such statements are not guarantees offuture performance and actual results or developments may differmaterially from those projected in the forward-looking statements.Forward-looking statements are based on the beliefs, estimates andopinions of the Company’s management on the date the statements aremade. Except as required by applicable securities laws, the Companyundertakes no obligation to update these forward-looking statements inthe event that management's beliefs, estimates or opinions, or otherfactors, should change.
Neither the Canadian SecuritiesExchange nor its Regulation Services Provider accepts responsibilityfor the adequacy or accuracy of this release.
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