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6 stories mentioning GOH.CNUpdated 15d ago

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Mining & Metals

GoldHaven Resources Raises $5.75 Million Via LIFE Financing to Advance Magno and Copecal Projects

GoldHaven Resources (GOH.CN) completed a non-brokered private placement for $5.8 million from the sale of 23-million units at $0.25 apiece under the LIFE Exemption, it said on Tuesday.Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant is exercisable to buy a share for $0.35 per warrant share starting on the 62nd day after the date of issuance until the date that is two years from the date of issuance.Proceeds from the LIFE offering will be used for the advancement of its Magno project in British Columbia, for continued diamond drilling, follow-up drilling, and target advancement at the Copecal Gold project in Mato Grosso, Brazil, and for general working capital needs.Shares of the company closed down 8% to $0.23 on Monday on the Canadian Securities Exchange.

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Mining & Metals

GoldHaven Resources Upsizes LIFE Offering to $5.8 Million

GoldHaven Resources (GOH.CN) filed an amended and restated offering document in connection with its previously announced LIFE offering to increase the maximum proceeds of the offering to $5.8 million from $5 million, it said overnight Thursday.All other terms and conditions of the LIFE offering remain unchanged, it added. Closing of the offering is expected on or about June 12, 2026, subject to the receipt of all necessary regulatory approvals.Shares of the company closed down 16% at $0.25 on Thursday on the Canadian Securities Exchange.

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Mining & Metals

GoldHaven Resources Highlights Strategic Tungsten and Indium Exposure at Magno Project

GoldHaven Resources (GOH.CN) Chief Executive Rob Birmingham on Monday said that "global markets are increasingly recognizing the strategic importance of securing Western sources of tungsten and other critical minerals amid growing supply chain concerns."Its Magno project located in northern British Columbia hosts multiple tungsten-bearing skarn targets with values up to 6,550 parts per million (ppm) tungsten, the company said. It has also identified elevated indium values up to 334 ppm within zinc-rich mineralization."We believe Magno represents a district-scale critical minerals opportunity combining tungsten-bearing skarn systems, high-grade silver-zinc-lead CRD mineralization, and elevated indium values within one of Canada's premier mining jurisdictions," said Birmingham. "As we advance airborne geophysics, and 2026 drill targeting, we believe Magno continues to demonstrate the characteristics of a large-scale multi-phase mineralizing system with significant critical minerals potential."The company's 2026 exploration planning is currently underway including airborne geophysics and drill targeting.Shares of the company closed down 2.2% to $0.22 on Friday on the Canadian Securities Exchange.

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Mining & Metals

Independent Review Confirms Potential of GoldHaven Resources' Copecal Project in Brazil

An independent specialist geology consultant has validated and enhanced the geological understanding of GoldHaven Resources' (GOH.CN) Copecal project in Brazil, the company said Friday.This was after a detailed review of drill core and data from an inaugural diamond drilling program of nine holes totaling 1,085.7 meters, GoldHaven said.The review confirmed the potential for large-scale, structurally controlled hydrothermal gold system. Clear vectors to higher-grade mineralization were identified at the East and West targets, the company said.The company plans to advance an expanded drill program in 2026."The geological features identified at Copecal with the initial phase of drilling remain encouraging and consistent with the expected signature of an intrusion-related, hydrothermal system," Senior Project Geologist Gustavo Almeida said."At the scale of the project, the association of gold and gold-copper anomalism with fold hinge structures and magnetic features provides a clear and technically sound framework for follow-up drilling," Almeida said.

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Mining & Metals

GoldHaven Resources Launches C$5 Million Offering to Advance Magno, Copecal Projects

GoldHaven Resources (GOH.CN) is raising C$5 million in an offering priced at $0.25 per unit to advance its Magno project in British Columbia and Copecal project in Brazil, the company said Thursday.The company will also use the funds for general corporate purposes.Under the offering, each unit will consist of one share and one-half of a warrant. Each warrant can be exercised at $0.35 per share for 24 months.The offering is expected to fully fund GoldHaven's 10,000-meter drill program at Magno in 2026. It is also advancing drill targets at Copecal."We believe this dual-track approach provides shareholders with near-term discovery potential and longer-term growth across two highly prospective districts," Chief Executive Officer Rob Birmingham said.Price: $0.29, Change: $+0.03, Percent Change: +9.62%

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Mining & Metals

GoldHaven Resources Raises $2.04 Million in Total Via Non-Brokered Flow-Through Financing

GoldHaven Resources (GOH.CN) closed the final tranche of its non-brokered flow-through oversubscribed financing for total gross proceeds of $2.04 million, the company said Tuesday.Proceeds will fully fund the 2026 Magno drill program and it is targeting tungsten mineralization up to 6,550 ppm W, alongside high-grade silver values up to 2,370 g/t Ag, the company added.In connection with the closing of the final tranche, the company issued an additional 1,207,700 flow-through shares at a price of $0.265 per share, for gross proceeds of $320,040, it said.In total, the company has issued 7,690,117 flow-through shares under the Flow-Through Offering at a price of $0.265 per share, for aggregate gross proceeds of $2,037,881, representing an oversubscribed financing exceeding $2 million, it added.GoldHaven Chief Executive Rob Birmingham said: "With multiple high-priority targets defined across Magno, Kuhn, and the D-Zone, including significant tungsten mineralization with values up to 6,550 ppm, we believe the upcoming drill program is well positioned to unlock the scale of this district-wide polymetallic system."

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