Hi-View Resources Closes Private Placement
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Hi-View Resources Inc. has successfully closed a non-brokered private placement, raising $100,000 through the issuance of 5,000,000 units at $0.02 each. Each unit includes one common share and one warrant, allowing the purchase of an additional share at $0.05 until November 2026. The funds will be used for general working capital.
November 18, 2024 | 8:15 am
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Hi-View Resources Inc. has completed a private placement, raising $100,000 by issuing 5,000,000 units at $0.02 each. Each unit includes a share and a warrant for future share purchase at $0.05. Proceeds will support working capital.
The successful closing of the private placement provides Hi-View Resources with additional capital for working capital needs, which is positive for the company's financial stability. The issuance of warrants also offers potential for future capital raising if exercised.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90