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Hi-View Toodoggone

Hi-View raises capital amid director exiting

Hi-View Resources (CSE:HVW) is conducting a non-brokered private placement, to raise up to C$1 million ($1.08 million) amid the company’s President and director Howard Milne resigning. 

Under the private placement, five million units will be issued at C$0.20 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. The warrants are exercisable at C$0.30 per share for a 24-month period. 

The funds will be allocated towards general working capital. 

Further, Hi-View also announces shares for debt to issue 730,808 common shares at the same issue price as the private placement to settle C$146,161.60 of debt due to related parties. 

Hi-View is a mineral explorer focused on advancing projects prospective for gold, silver, and copper in the Toodoggone region of Northern British Columbia. 

Write to Aaliyah Rogan at Mining.com.au   

Images: Hi-View Resources
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Written By Aaliyah Rogan
Now based in London as Mining.com.au’s Europe Correspondent, Aaliyah brings years of dedicated reporting mining news. Relocating from New Zealand to Australia before making the leap to the UK, she's built a reputation for sharp storytelling and a genuine passion for the resources industry. When she’s not chasing the latest developments across Europe, Aaliyah can be found exploring new cities, enjoying good food with friends, or unwinding by the water.