Hi-View Resources upsizes non-brokered flow-through financing

News provided byHi-View Resources Inc · 2 min read

Hi-View Resources Inc., a publicly listed mineral exploration company based in British Columbia, has announced an upsizing of its non-brokered flow-through financing. On September 4, 2026, the company disclosed that it will now offer a minimum of 5,757,231 Charity Flow-Through Units (FTUs) at a price of $0.40 each, raising a total of $2,302,892. This adjustment comes in the wake of an earlier announcement on August 13, 2026.

Each Charity FTU will consist of one common share and one-half of a transferable common share purchase warrant. Holders of these warrants will be entitled to purchase one additional non-flow-through common share at $0.42 per share for a period of 24 months from the date of issuance. The proceeds from this offering will be used to fund eligible Canadian exploration expenses, specifically qualifying as “flow-through critical mineral mining expenditures” under the Income Tax Act (Canada) and “BC flow-through mining expenditures” under the Income Tax Act (British Columbia).

According to the company, the funds raised will support the incurrence of Qualifying Expenditures related to its projects in British Columbia. These expenditures will be renounced with an effective date of no later than December 31, 2026, and will need to be incurred by December 31, 2027. The Qualifying Expenditures will be eligible for a federal 30% investment tax credit, and for those residing in British Columbia, a 20% additional tax credit under the provincial Income Tax Act.

Additionally, Hi-View Resources Inc. will pay a 6% finders fee, consisting of cash commissions and compensation warrants. Each compensation warrant will entitle the holder to purchase one common share at $0.26 per share for a period of 24 months from the date of issuance.

The company plans for the Charity FT Offering to close on or around September 10, 2026, subject to regulatory and other approvals. All securities issued will be subject to a four-month and one-day statutory hold period from the date of issuance.

R. Nick Horsley, CEO of Hi-View Resources Inc., stated, "This upsizing of our non-brokered flow-through financing is a significant step in advancing our exploration projects and securing the necessary funding to continue our mineral exploration efforts in British Columbia."

The company is focused on advancing a portfolio of gold, silver, and copper assets in the Toodoggone region, with projects including the flagship Golden Stranger Project, Lawyers claims, and the Borealis Project. Additional properties under option include Saunders, Black Pearl, Oxide Summit, Nub, Ursus, Garnet, and Harmon Peak.

The Canadian Securities Exchange has not approved or disapproved the contents of this news release.

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