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Hi-View Resources

Hi-View closes private placement

Hi-View Resources (CSE:GXLD) has raised C$1.97 million ($2.05 million) through a non-brokered private placement to fund exploration expenditures at its Toodoggone projects in British Columbia, Canada.

The company has issued 6.57 million units at C$0.30 each, with units comprising one share and one-half of a purchase warrant.

Warrant holders will be entitled to acquire an additional share for C$0.45 each over a two-year period.

In conjunction with this placement, Hi-View has closed another non-brokered private placement of 6.14 million flow-through shares at C$0.36 each, raising C$2.21 million.

Hi-View Resources is focused on advancing a portfolio of gold, silver, and copper projects in the Toodoggone region of northern British Columbia.

Write to Maddison Elliott at Mining.com.au

Images: Hi-View Resources
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Written By Maddison Elliott
Maddison holds a Bachelor of Communication and Journalism, a Bachelor of Business, and a Master of Writing, Editing and Publishing. She enjoys transforming complex information into clear, engaging stories that inform, educate, and connect with readers. Outside of the newsroom, Maddison spends her time reading, exploring new places, catching a game, or spending time with friends and family.