Hi-View Resources closes non-brokered flow-through financing
Key facts
- C$1.5M PP
- C$0.4/unit
- +0.5 wt @ C$0.42 / 24mo
- Sep 3 close
VANCOUVER, BRITISH COLUMBIA, AUGUST 13, 2026 – TheNewswire - HI-VIEW RESOURCES INC. (“ Hi-View ” or the “ Company ”) (CSE: GXLD; OTCQB: GXLDF; FSE: B630) is pleased to announce a non-brokered private placement of premium-flow through units (the “ Premium FT Units ”) of a minimum of 3,750,000 Premium FT Units at a price of $0.40 per Premium FT Unit (the “ Offering Price ”) for gross proceeds of $1,500,000 (the “ Premium FT Offering ”).
Each Premium FT Unit will consist of one common share in the capital of the Company (each, a “ Common Share ”) and one-half of one transferable common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant will entitle the holder thereof to purchase one additional non-flow-through common share (each, a “ Warrant Share ”, and together with the Common Shares and Warrants, the “ Securities ”) of the Company at $0.42 per Warrant Share for a period of 24 months from the date of issuance. Each Common Share and one-half Warrant will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada).
The gross proceeds from the Premium FT Offering will be used to incur eligible “Canadian exploration expenses” that qualify as “flow-through critical mineral mining expenditures” as both terms are defined in the Income Tax Act (Canada) and as “BC flow-through mining expenditures” as defined in the Income Tax Act (British Columbia) (the “ Qualifying Expenditures ”) related to the Company’s projects in British Columbia. The Company will renounce Qualifying Expenditures with an effective date of no later than December 31, 2026, in an amount of not less than the total amount of the gross proceeds raised from the issuance of the Premium FT Units, and incur such expenses by December 31, 2027.
The Premium FT Offering is expected to close on or around September 3, 2026 and is subject to certain conditions including, but not limited to, the receipt of all required regulatory and other approvals.
All securities issued will be subject to a statutory hold period of four months and one day from the date of issuance.
The Securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”), or any state securities laws, and may not be offered or sold within the United States, or to or for the account or benefit of any person in the United States or any U.S person, unless registered under the U.S. Securities Act and applicable state securities laws or unless an exemption from such registration is available. “ United States ” and “ U.S. person ” are as defined in Regulation S promulgated under the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
About Hi-View Resources Inc.
Hi-View Resources Inc., a publicly listed mineral exploration company on the Canadian Securities Exchange, is advancing a portfolio of gold, silver, and copper assets in the Toodoggone region of northern British Columbia. The Company’s 100% owned and optioned projects cover more than 27,910 hectares and include the flagship Golden Stranger Project, the Lawyers claims, and the Borealis Project — all designated as high-priority targets. Additional properties under option include Saunders, Black Pearl, Oxide Summit, Nub, Ursus, Garnet, and Harmon Peak. The company also has an additional 1,300 hectares currently under mineral claim application. For more information, please visit Hi-View’s website or review the Company’s filings on SEDAR+ ( www.sedarplus.ca ).