-- 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."