Goliath Resources to Raise $23 Million Through Private Placement of Flow-Through Shares-February 2024-www.financetom.com

Goliath Resources to Raise $23 Million Through Private Placement of Flow-Through Shares

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Goliath Resources to Raise $23 Million Through Private Placement of Flow-Through Shares

Sep 25, 2025 5:29 AM

08:00 AM EDT, 09/25/2025 (MT Newswires) -- Goliath Resources ( GOTRF ) Thursday said it plans to raise up to $23 million through a bought-deal private placement of flow-through shares. Proceeds will be used to develop the Golddigger-Surebet Gold Project in British Columbia.

The company will raise $5 million through the sale of 1.2 million national flow-through shares at $4.20 each. It will raise a further $18 million through the sale of 4.05 million British Columbia flow-through shares at $4.44 apiece.

The underwriters have been granted a 15% over-allotment option of national flow-through shares.

The offering is expected to close around Oct. 23.

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