Latest news with #GoldHunter
Yahoo
16-07-2025
- Business
- Yahoo
Gold Hunter Closes First Tranche of Financing to Fund District-Scale Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing (the "Offering") for total gross proceeds of $652,774. The first tranche consisted of: $436,005 raised through the issuance of flow-through units at a price of $0.09 per unit, and $216,769 raised through the issuance of non-flow-through (hard dollar) units at a price of $0.07 per unit. Each flow-through unit is comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company at a price of $0.12 for a period of 12 months from the date of issuance. Each hard dollar unit is comprised of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of $0.12 for a period of 24 months from the date of issuance. In connection with the closing of the first tranche, finder's fees totaling $35,041.15 were paid and 402,555 broker warrants were issued. Each broker warrant entitles the holder to acquire one common share of the Company at a price of $0.12 for a period of 24 months from the date of issuance. The Company does not foresee utilizing the previously announced charity flow-through mechanism. Use of Proceeds and Operational Update Proceeds from this tranche, including flow-through funds, will be deployed immediately to: Complete the VTEM airborne geophysical survey and expanded to include the newly expanded claim areas. This modern geophysical program will provide high-resolution electromagnetic and magnetic data to delineate structures, alteration zones, and potentially sulphide associated with some mineralization styles over the property with precision over areas that have historically seen limited systematic exploration despite hosting past production and mineral resources. Plan for boots-on-the-ground follow-up work, including geological mapping, prospecting, and sampling to validate and prioritize targets generated from the VTEM data. The Company is pleased to report that Geotech Ltd.'s VTEM airborne survey system has mobilized to site, with survey operations scheduled to commence imminently. Advantageous Timing Completion of the VTEM program at this stage, rather than the original intent to complete last fall, has provided Gold Hunter with an advantage. Since late 2024, the Company has successfully consolidated additional mineral tenure, enabling the survey to be expanded to cover the remaining and new project areas and integrate seamlessly with data already collected. This has afforded Gold Hunter a single, consistent dataset across the entire 26,237-hectare district-scale land package, encompassing both known mineralized trends and newly acquired ground. By capturing this information in one cohesive framework, the Company will be positioned to evaluate the Project's full exploration potential with greater confidence and precision. In the current market environment, where investors increasingly value scale, systematic targeting, and modern data integration, this high resolution survey positions the Company to deliver a strong pipeline of high-priority drill targets supported by full integration of our multi-disciplinary data collected and historical datasets. Next Steps and Financing Strategy The Company does not expect to close the full originally announced amount in the near term. Instead, Gold Hunter intends to complete one additional tranche, anticipated by the end of July, which will fund the commencement of an initial drilling campaign targeting the highest-priority anomalies defined by the VTEM survey and fieldwork. The Company is fully permitted to complete the planned geophysical and drilling activities. Management Commentary "The arrival of the VTEM system onsite and the closing of this first tranche marks the start of 2025 exploration for Gold Hunter," commented Sean A. Kingsley, President & CEO. "By advancing the survey now, we are completing coverage of our entire consolidated land package, including newly acquired claims. This funding allows us to execute a disciplined exploration strategy, generating meaningful technical catalysts while preserving flexibility and limiting dilution. Once the survey is complete and data interpretation is underway, we plan to mobilize field crews to ground-truth priority anomalies in preparation for drilling. This comprehensive dataset will be an invaluable foundation as we prioritize high-potential targets across a property that already hosts multiple historic resources, a current resource estimate, and a past-producing gold mine, capturing the scale and continuity investors expect in modern exploration." Qualified Persons and Technical DisclosureThis news release, along with all scientific and technical information, has been reviewed and approved by Rory Kutluoglu, a "Qualified Person" as defined under NI 43-101 - Standards of Disclosure for Mineral Projects and is the consulting technical lead for Gold Hunter. About Gold Hunter Resources Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company leverages a data-driven approach to exploration, combining modern techniques with historical datasets to identify and develop district-scale opportunities. Following the successful divestiture of its first consolidated district to FireFly Metals Ltd., Gold Hunter has assembled the Great Northern Project, covering 40 kilometres of strike length across 26,237 hectares. Positioned along the Doucers Valley Fault Structure in one of Newfoundland's most prospective gold belts, the Company is advancing toward a maiden drill program targeting high-priority anomalies. Gold Hunter is committed to responsible exploration, meaningful stakeholder engagement, and delivering long-term value to shareholders. On Behalf of the Board of Directors,GOLD HUNTER RESOURCES INC. Sean A. KingsleyPresident, CEO, and Director For more information, please contact: Email: info@ +1 604-440-8474 Investor Relations, Corporate Communications & Media, please contact:Colton Welgan at +1 250-816-5523 or colton@ Website: Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. These statements relate to future events or the Company's future performance and reflect current expectations or beliefs regarding future events, including but not limited to statements regarding the timing for receiving all required consents and approvals for the Closing, the ability of the Company, the GNS Vendors, and the NC Vendors to close the Transaction, the potential of the Great Northern Project, exploration plans, geophysical survey integration, and future drilling targets. Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and assumptions that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to: the ability of the Company to receive all required consents and approvals for the Closing, market conditions, volatility in commodity prices, exploration and development risks, availability of financing, regulatory or political developments, and changes in project parameters as plans continue to be refined. Ongoing labour shortages, inflationary pressures, high interest rates, the global financial climate and ongoing international conflicts are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company's operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Although Gold Hunter believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements. To view the source version of this press release, please visit
Yahoo
19-06-2025
- Business
- Yahoo
Gold Hunter Completes Consolidation of Strategic Land Package and Advances Its Interest in Magna Terra's Great Northern and Viking Projects
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce that it has completed the acquisition of a strategic land package to consolidate and expand its Great Northern Gold Project in Newfoundland and Labrador. This marks a significant milestone in the Company's district-scale strategy, resulting in the first-ever consolidation of this prolific gold belt. With this transaction, Gold Hunter has nearly doubled the size of the original Great Northern and Viking Projects from 13,775 hectares to 26,237 hectares, acquiring claims from multiple vending partners to secure full control of the district. The expanded land position now spans over 49 kilometres of strike length along the highly prospective Doucers Valley Fault, one of the most compelling geological settings for exploration in the region. Achieving district-scale ownership in such favourable terrain is a rare feat and solidifies Gold Hunter's position as the dominant explorer in the area. Figure 1. Map showing Gold Hunter's consolidated Great Northern Project in Newfoundland, upon completion of the Transaction. The mineral licenses acquired are highlighted in yellow, which increased the total project area by 3,177 hectares (13.78%) to 26,237 hectares. The additions will enhance structural continuity along the Doucers Valley Fault Zone and bridge gaps near the historic Browning Mine and Thor Deposit. To view an enhanced version of this graphic, please visit: Further to the Company's news release dated May 27th, 2025, the land package was acquired pursuant to two mineral property purchase agreements dated May 23rd, 2025. The Company entered into a mineral property purchase agreement (the "Great Northern-Southern Agreement") with Angie Stockley ("Stockley"), Stephen Stockley Agriculture and Fabrication Inc. ("SSAF"), Unity Resources Inc. ("Unity"), Alexander Duffitt and Margaret Duffitt ("Duffitt"), Jeanette Martin ("Martin"), Almar Consultants ("Almar") and Robert John Snook ("Snook" and, together with Stockley, SSAF, Unity, Duffitt, Martin and Almar, the "GNS Vendors"), to purchase a 100% interest (the "GNS Interest") in and to 127 mineral claim blocks (within 13 mineral licenses) located in Newfoundland and Labrador (the "GNS Property") from the GNS Vendors and a mineral property purchase agreement (the "North Central Agreement") with Chad Kennedy ("Kennedy"), United Gold Inc. ("United"), SSAF and Kluane Capital FZCO ("Kluane" and, together with Kennedy, United and SSAF, the "NC Vendors"), to purchase a 100% interest (the "NC Interest") in and to 39 mineral claim blocks (within 3 mineral licenses) located in Newfoundland and Labrador (the "NC Property") from the NC Vendors. In consideration for the GNS Interest, the Company paid cash consideration of $25,000 to the GNS Vendors upon signing the Great Northern-Southern Agreement and issued an aggregate of 1,400,000 escrowed common shares in the capital of the Company (each, a "Share") to the GNS Vendors on June 19th, 2025 (the "Closing Date"). In consideration for the NC Interest, the Company paid cash consideration of $6,000 to SSAF and $6,000 to United upon signing the North Central Agreement and issued 1,000,000 Shares to the NC Vendors on the Closing Date. In addition to the above, on the Closing Date, the Company granted an aggregate 2% net smelter royalty (the "GNS NSR") over the GNS Interest, with an option to buyback 1% of the GNS NSR for $1,000,000 and granted an aggregate 2% net smelter royalty (the "NC NSR") over the NC Interest, with an option to buyback 1% of the NC NSR for $1,000,000. The Shares issued pursuant to the Great Northern-Southern Agreement and the North Central Agreement are subject to a voluntary escrow arrangement whereby one-third of the Shares held by each of the GNS Vendors and NC Vendors will be released from escrow every six months following the Closing Date. Option Agreement with Magna Terra On May 29, 2024, the Company entered into a definitive option agreement (the "Option Agreement") with Magna Terra Minerals Inc. ("Magna Terra") pursuant to which it acquired an option (the "Option") to earn a 100% undivided interest in Magna Terra's Great Northern and Viking Projects (the "MT Property"), located in the province of Newfoundland and Labrador (the "Transaction"). "With the completion of this second anniversary milestone, our conviction in the Great Northern Project has never been stronger," said Sean Kingsley, CEO of Gold Hunter Resources. "It's rare to find a gold asset with this combination of high-grade intercepts, near-surface potential, and district-scale size. By consolidating over 49 kilometres of strike along the Doucers Valley Fault, we now control one of Newfoundland's most compelling exploration corridors. We're proud to have Magna Terra not only as a key partner but as our largest and most aligned shareholder." Lew Lawrick, CEO of Magna Terra Minerals and Director of Gold Hunter, added: "We've long believed in the value of the Great Northern and Viking Projects. Gold Hunter's team has done what no other operator has-bringing the entire district under one roof. That's a foundational achievement in this type of terrain. With the upcoming drill program-the largest in the project's history-we're excited to demonstrate just how much potential this system holds." On June 19, 2025, the Company reaffirmed its commitment to the MT Property by completing the second tranche of consideration (the "Second Exercise") under the Option Agreement to maintain the Option in good standing. The second tranche of the Option was comprised of $450,000 in cash and the issuance of 35,211,267 Shares at a deemed price of $0.0781 per Share. The Company also paid $45,000 in cash and issued 3,521,126 Shares at a deemed price of $0.0781 per Share as a finder's fee to Kluane in connection with the Second Exercise. To exercise the Option in full, the Company is required to pay an additional $675,000 in cash and issue such number of Shares with an aggregate value of $4,250,000 by June 10, 2026 (the "Final Exercise"). All Shares issued to the GNS Vendors, the NC Vendors, Magna Terra and Kluane on the Closing Date are subject to a statutory hold period expiring four months and one day from the Closing Date. 2025 Exploration Update The Company is preparing to launch its inaugural expansive drill program, designed to test multiple high-priority discovery targets across the fully consolidated district. In advance of drilling, Geotech's VTEM™ airborne electromagnetic survey system is expected to arrive shortly to complete a comprehensive geophysical survey over the entire 26,237-hectare land package. The results will refine drill targeting and enhance the geological understanding of the Doucers Valley Fault corridor. Qualified Persons and Technical Disclosure This news release, along with all scientific and technical information, has been reviewed and approved by Rory Kutluoglu, a "Qualified Person" as defined under NI 43-101 - Standards of Disclosure for Mineral Projects and is the consulting technical lead for Gold Hunter. About Gold Hunter Resources Inc. Gold Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company leverages data-driven approach to exploration, combining modern techniques with historical datasets to identify and develop district-scale opportunities. Following the successful divestiture of its first consolidated district to FireFly Metals Ltd., Gold Hunter has assembled the Great Northern Project, covering 49.2 kilometres of strike length across 26,237 hectares. Positioned along the Doucers Valley Fault Structure in one of Newfoundland's most prospective gold belts, the Company is advancing toward a maiden drill program targeting high-priority anomalies. Gold Hunter is committed to responsible exploration, meaningful stakeholder engagement, and delivering long term value to shareholders. On Behalf of the Board of Directors,GOLD HUNTER RESOURCES INC. Sean A. KingsleyPresident, CEO, and Director For more information, please contact: Email: info@ +1 604-440-8474 Investor Relations, Corporate Communications & Media, please contact:Colton Welgan at +1 250-816-5523 or colton@ Website: Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. These statements relate to future events or the Company's future performance and reflect current expectations or beliefs regarding future events, including but not limited to the strategic important of the NS Property and GNS Property and the Company's ability to exercise the Option in full. Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and assumptions that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to: the ability of the Company to receive all required consents and approvals for the next tranche of payments due under the Option Agreement, market conditions, volatility in commodity prices, exploration and development risks, availability of financing, regulatory or political developments, and changes in project parameters as plans continue to be refined. Ongoing labour shortages, inflationary pressures, high interest rates, the global financial climate and ongoing international conflicts are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company's operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements. To view the source version of this press release, please visit
Yahoo
03-06-2025
- Business
- Yahoo
Gold Hunter Resources Announces a $2.5M Private Placement to Fund Exploration at Great Northern Project
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce a non-brokered private placement financing for gross proceeds of up to $2.5 million, to advance exploration and drilling activities at the Company's flagship Great Northern Project in Newfoundland, Canada. The offering will comprise a combination of hard-dollar units, flow-through units, and, subject to demand, charity flow-through units. Private Placement Terms Hard-Dollar Units ("HD") - $0.07 per unitEach unit consists of one common share and one common share purchase warrant, exercisable at $0.12 for a period of 24 months from the date of issuance. Flow-Through Units ("FT") - $0.09 per unitEach FT Unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at $0.12 for a period of 12 months from the date of issuance. Charity Flow-Through Units ("CFT") - $0.11 per unit (subject to min. demand of $500,000)Each CFT Unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at $0.22 for a period of 12 months from the date of issuance. All securities issued under the private placement will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws Use of Proceeds Proceeds from Hard-Dollar Units will be used for general working capital and corporate purposes. Proceeds from FT and CFT Units will be used to incur "Canadian Exploration Expenses" (CEE) as defined under the Income Tax Act (Canada), which will be renounced to purchasers with an effective date no later than December 31, 2025. Additional Terms Finder's Fees may be paid to eligible parties in connection with subscriptions arranged by registered dealers or exempt market dealers, in accordance with applicable securities laws and policies of the Canadian Securities Exchange (CSE). The private placement is subject to final approval of the Canadian Securities Exchange. Visit Gold Hunter's Website for the latest Corporate Presentation at view an enhanced version of this graphic, please visit: About Gold Hunter Resources Inc. Gold Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company leverages data-driven approach to exploration, combining modern techniques with historical datasets to identify and develop district-scale opportunities. Following the successful divestiture of its first consolidated district to FireFly Metals Ltd., Gold Hunter has assembled the Great Northern Project, covering 40 kilometres of strike length across 23,060 hectares. Positioned along the Doucers Valley Fault Structure in one of Newfoundland's most prospective gold belts, the Company is advancing toward a maiden drill program targeting high-priority anomalies. Gold Hunter is committed to responsible exploration, meaningful stakeholder engagement, and delivering long term value to shareholders. On Behalf of the Board of Directors, GOLD HUNTER RESOURCES INC. Sean A. KingsleyPresident, CEO, and Director For more information, please contact: Email: info@ +1 604-440-8474Investor relations, corporate communications & media, please contact:Colton Welgan at +1-250-816-5523 or colton@ Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. These statements relate to future events or the Company's future performance and include statements regarding the completion and size of the private placement, the use of proceeds, future exploration plans, and other anticipated developments related to the Company's business. Forward-looking statements are based on reasonable assumptions made by management as of the date of this news release and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation: capital markets conditions, regulatory approvals, investor interest and participation in the financing, volatility in commodity prices, exploration risks, operating costs, availability of personnel, and general economic and market conditions. Although Gold Hunter believes the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that they will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by law. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
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Gold Hunter Reaches Agreement to Expand Land Package at Great Northern Project with Strategic Acquisitions
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce that it has entered into two mineral property purchase agreements to acquire key mineral licenses that will expand and consolidate its flagship Great Northern Gold Project in Newfoundland (the "Transaction"). Figure 1. Map showing Gold Hunter's consolidated Great Northern Project in Newfoundland, upon completion of the Transaction. The mineral licenses to be acquired upon closing of the Transaction are highlighted in yellow, which will increase the total project area by 3,177 hectares (13.78%) to 26,237 hectares. The additions will enhance structural continuity along the Doucers Valley Fault Zone and bridge gaps near the historic Browning Mine and Thor Deposit. To view an enhanced version of this graphic, please visit: These new acquisition targets represent some of the final key pieces Gold Hunter has long targeted to strengthen the structural and geological continuity of its district-scale land package. The additions will enable the Company to further consolidate the property into two cohesive claim blocks that follow the Doucers Valley Fault Zone, a dominant regional structure associated with gold mineralization, as demonstrated at Gold Hunter's Thor Deposit resource estimate and mineralization observed across the property, such as the Rattling Brook mineralization. Strategic Highlights: The target mineral licenses are adjacent to the historic Browning Mine in the southern project area and close a key property gap on the northern side. The acquisitions will bridge gaps between previously held claim blocks, enhancing geological continuity and exploration potential. Expanded footprint will add 3,177.43 hectares, better positioning the Company for systematic targeting, geophysical surveys, and future drilling (increasing the total project size by 13.78% to 26,237 hectares). The expanded ground will include multiple mineral occurrences, that carry gold results such as the Wizard showing, which has, through work of previous land holders, results containing 20 g/t Au from till, rock, and trench samples - underscoring the high prospectivity of the project area1. "We've had our eye on these pieces for a long time," said Sean Kingsley, President & CEO of Gold Hunter. "They complete the puzzle, allowing us to stitch together a more structured and scalable exploration plan across two strategic blocks. The timing is ideal, as these additions will be immediately integrated into our upcoming full-property geophysics airborne survey upon completion of the transaction." The Company advises that, notwithstanding the proximity of location, discoveries of minerals on or at the Browning Mine and Thor Deposit, and any promising results thereof, are not necessarily indicative of the mineralization of, or located on the expanded Great Northern Gold Project, or the Company's ability to commercially exploit the Great Northern Gold Project, or to locate any commercially exploitable deposits therefrom. The Company cautions investors on relying on this information as the Company has not confirmed the accuracy or reliability of the information. The Transaction On May 23, 2025, the Company entered into a mineral purchase agreement (the "Great Northern-Southern Agreement") with Angie Stockley ("Stockley"), Stephen Stockley Agriculture and Fabrication Inc. ("SSAF"), Unity Resources Inc. ("Unity"), Alexander Duffitt and Margaret Duffitt ("Duffitt"), Jeanette Martin ("Martin"), Almar Consultants ("Almar") and Robert John Snook ("Snook" and, together with Stockley, SSAF, Unity, Duffitt, Martin and Almar, the "GNS Vendors"), pursuant to which the Company has agreed to purchase a 100% interest (the "GNS Interest") in and to 127 mineral claim blocks (within 13 mineral licenses) located in Newfoundland and Labrador from the GNS Vendors. In consideration for the GNS Interest, the Company agreed to pay an aggregate of $25,000 to the GNS Vendors upon signing the Great Northern-Southern Agreement, issue an aggregate of 1,400,000 escrowed common shares in the capital of the Company (each, a "Share") to the GNS Vendors on the closing date of the Transaction (the "Closing Date") at a deemed price of $0.08 per Share, and grant an aggregate 2% net smelter royalty (the "GNS NSR") over the GNS Interest at closing, with an option to buyback 1% of the GNS NSR for $1,000,000. In addition, also on May 23, 2025, the Company entered into a mineral property purchase agreement (the "North Central Agreement") with Chad Kennedy ("Kennedy"), United Gold Inc. ("United"), SSAF and Kluane Capital FZCO ("Kluane" and, together with Kennedy, United and SSAF, the "NC Vendors"), pursuant to which the Company has agreed to purchase a 100% interest (the "NC Interest") in and to 39 mineral claim blocks (within 3 mineral licenses) located in Newfoundland and Labrador from the NC Vendors. In consideration for the NC Interest, the Company has agreed to pay $6,000 to United and $6,000 to SSAF upon signing the North Central Agreement, issue 250,000 escrowed common shares to United, 250,000 escrowed common shares to SSAF and 500,000 escrowed common shares to Kluane on the Closing Date, all at a deemed price of $0.08 per Share, and grant an aggregate 2% net smelter royalty (the "NC NSR") over the NC Interest on the Closing Date, with an option to buyback 1% of the NC NSR for $1,000,000. The Shares issued pursuant to the Great Northern-Southern Agreement and the North Central Agreement will be subject to a voluntary escrow arrangement whereby one-third of the Shares held by each of the GNS Vendors and NC Vendors will be released from escrow every six months following the Closing Date. Closing of the Transaction (the "Closing") remains subject to, without limitation, receiving all necessary consents and approvals, including the approval of the Canadian Securities Exchange ("CSE"), as well as the satisfaction of customary closing conditions. Gold Hunter expects to complete the Transaction in the coming weeks. Newfoundland Labrador Department of Industry, Energy and Technology Mineral Occurrence Data System. Qualified Persons and Technical Disclosure This news release, along with all scientific and technical information, has been reviewed and approved by Rory Kutluoglu, a "Qualified Person" as defined under NI 43-101 - Standards of Disclosure for Mineral Projects and is the consulting technical lead for Gold Hunter. About Gold Hunter Resources Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company leverages data-driven approach to exploration, combining modern techniques with historical datasets to identify and develop district-scale opportunities. Following the successful divestiture of its first consolidated district to FireFly Metals Ltd., Gold Hunter has assembled the Great Northern Project, covering 40 kilometres of strike length across 23,060 hectares. Positioned along the Doucers Valley Fault Structure in one of Newfoundland's most prospective gold belts, the Company is advancing toward a maiden drill program targeting high-priority anomalies. Gold Hunter is committed to responsible exploration, meaningful stakeholder engagement, and delivering long term value to shareholders. On Behalf of the Board of Directors,GOLD HUNTER RESOURCES INC. Sean A. KingsleyPresident, CEO, and Director For more information, please contact: Email: info@ +1 604-440-8474 Investor Relations, Corporate Communications & Media, please contact:Colton Welgan at +1 250-816-5523 or colton@ Website: Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements: This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. These statements relate to future events or the Company's future performance and reflect current expectations or beliefs regarding future events, including but not limited to statements regarding the timing for receiving all required consents and approvals for the Closing, the ability of the Company, the GNS Vendors, and the NC Vendors to close the Transaction, the potential of the Great Northern Project, exploration plans, geophysical survey integration, and future drilling targets. Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and assumptions that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to: the ability of the Company to receive all required consents and approvals for the Closing, market conditions, volatility in commodity prices, exploration and development risks, availability of financing, regulatory or political developments, and changes in project parameters as plans continue to be refined. Ongoing labour shortages, inflationary pressures, high interest rates, the global financial climate and ongoing international conflicts are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company's operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Although Gold Hunter believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements. To view the source version of this press release, please visit
Yahoo
21-04-2025
- Business
- Yahoo
Gold Hunter Resources Inc. (HUNT) to Be Featured on Radius Research's Pitch, Deep Dive and Q&A Webinar
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company" or "HUNT 2.0"), is pleased to invite investors and other interested parties to attend an upcoming interview with Market Radius Research. Martin Gagel of Market Radius Research and CEO Sean Kingsley will discuss Gold Hunter's flagship Great Northern Project in Newfoundland and the company's upcoming exploration plan. The webinar will be a live, interactive online event where attendees are invited to ask the Company questions in real-time following the interview. An archived webcast will be made available for those who cannot join the event live on the day of the Radius Research Pitch, Deep Dive, and Q&A with Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) Presentation Date & Time: Wednesday, April 23rd @ 2 PM ET / 11 AM PT Webcast Registration Link: Market Radius Research gives individual investors access to in-depth CEO interviews with deep-dive institutional level discussion and Q&A. Market Radius is hosted by Martin Gagel, former top-ranked technology analyst. By registering for this webinar, you agree to receive email communications from Market Radius Capital, Inc. and from the presenting company (with unsubscribe). Your email will not be further shared. Martin Gagel and Market Radius Capital, Inc. are not registered or licensed to provide investment advice and may own shares in mentioned companies and may be compensated for these services. Content is for information purposes only and is not advice or recommendations and may include incomplete or incorrect information. Investing entails a high degree of risk. This is a production of Market Radius Capital, Inc. About Gold Hunter Resources Inc.: Gold Hunter Resources Inc. is a Canadian mineral exploration company focused on acquiring and advancing high-potential precious and base metal projects. The Company employs data-driven exploration strategies to unlock value in Newfoundland's emerging mining districts. Following the successful divestiture of its first consolidated district to FireFly Metals, Gold Hunter assembled the Great Northern Project, expanding its strike length by 64% to 40 kilometers. Positioned in one of Newfoundland's most prospective gold regions, the Company is committed to responsible exploration and maximizing shareholder value. For further information, please contact: Email: info@ Phone: +1 604-440-8474 Investor Relations, Corporate Communications & Media, please contact: Colton Welgan at +1 250-816-5523 or colton@ Website: Forward-Looking Information: This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. These statements relate to future events or the Company's future performance and reflect management's current expectations and beliefs based on information currently available. Forward-Looking statements are often, but not always, identified by the use of words such as "expects," "anticipates," "believes," "plans," "intends," "potential," "estimates," "could," "may," and similar expressions, or statements that events, conditions, or results "will," "may," or "could" occur or be achieved. Forward-Looking statements in this release may include, but are not limited to, statements regarding the Company's exploration plans at the Great Northern Project, its ability to unlock value through data-driven and systematic exploration, the expansion and advancement of known mineralized zones, the completion and results of the planned VTEM airborne survey, the impact and reach of newly launched marketing and investor relations campaigns, and expectations regarding market awareness, investor engagement, and shareholder value creation. These statements also include any references to comparable projects, peer company activity, and potential strategic transactions in Newfoundland's mining sector. Such forward-looking statements are inherently subject to significant business, economic, operational, and competitive uncertainties and contingencies. They involve known and unknown risks, assumptions, and uncertainties that may cause actual results or performance to differ materially from those projected in the forward-looking statements. These include, but are not limited to, risks related to fluctuations in gold and other commodity prices; the speculative nature of mineral exploration and development; uncertainties related to interpretation of historical exploration results and resource estimates; operational and technical risks; changes in general economic, financial, market, and political conditions; delays in regulatory approvals and permitting; challenges associated with financing activities; and risks related to the performance of third-party contractors, consultants, and service providers, including those retained for investor relations and marketing initiatives. The Company has engaged multiple third-party marketing and investor relations firms, and while these initiatives are intended to increase awareness and engagement, there can be no assurance they will lead to increased market visibility, trading liquidity, or appreciation in the Company's share price. Additionally, any references to mergers, acquisitions, or corporate activity involving peer companies are based on publicly available information and are not indicative of future outcomes or intentions by Gold Hunter. Forward-Looking statements are made as of the date of this news release and, unless required by applicable law, the Company undertakes no obligation to revise or update them to reflect new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements and are encouraged to consult the Company's public filings available under its profile at for further information. 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