Latest news with #Hi-View
Yahoo
16-05-2025
- Business
- Yahoo
Hi-View Resources Corporate Update
VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) -- HI-VIEW RESOURCES INC. ('HI-VIEW' OR THE 'COMPANY') (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces its intention to consolidate its common shares ('Shares') on a 8-old-for-1-new share basis (the 'Consolidation'). The Shares currently issued and outstanding will be reduced to approximately 4,840,060 post-Consolidation Shares. Under the Consolidation, no fractional shares will be issued. After the Consolidation, each fractional share less than one-half of a share will be cancelled and each fractional share that is at least one-half of a share will be rounded up to the nearest whole share. The exercise or conversion price and the number of shares issuable under any of the Company's outstanding stock options and convertible instruments, as applicable, will be proportionately adjusted upon completion of the Consolidation. A letter of transmittal will be sent to registered shareholders providing instructions to surrender the certificates evidencing their Shares for replacement certificates representing the number of post-consolidation Shares to which they are entitled as a result of the Consolidation. Until surrendered, each certificate representing Shares prior to the Consolidation will be deemed for all purposes to represent the number of Shares to which the holder thereof is entitled as a result of the Consolidation. Non-registered shareholders should consult their broker for further information. Hi-View CEO & Director R. Nick Horsley states, 'Following careful deliberation and consultations with several of Canada's leading financial institutions, we have opted to restructure to accelerate the development of our Toodoggone holdings. Our nearly 10,000-hectare land package demands significant investment for comprehensive drilling and exploration. With less than 1% of the area explored through drilling, we believe this restructuring is the best path to attract sufficient capital to move our project forward. We view drilling as the critical next step to unlock the full potential of the project and deliver meaningful value to our shareholders. Hi-View is fortunate to be neighboring one of the most exciting discoveries in recent history—AuRORA.' The Board of Directors of the Company believes that the Consolidation is necessary to better position the Company for future corporate development opportunities and financing transactions. There will be no name change in conjunction with the Consolidation. The Board have set May 28, 2025, as the record date of the Consolidation. Trading of the Post Consolidated Common Shares on the Canadian Securities Exchange ("CSE") is expected to commence on or about May 28, 2025, subject to final approval by the CSE. The Company CUSIP and ISIN number will change upon the completion of the Consolidation. The Company's name and stock symbol will remain unchanged following the Consolidation. About Hi-View Resources Inc. Hi-View is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada. The Company, through its subsidiary, holds a 100% interest in the Babine BC Copper-Gold property as well as interests in the Golden Stranger Property and the Lawyers East, West, South and BEN claims, located in the prolific Toodoggone region of northern BC, highly prospective for gold, silver, and copper. The collective holdings cover over 9,749 hectares. On Behalf of the Board of Directors, 'R. Nick Horsley'R. Nick Horsley, CEO For further information, please contact: Hi-View Resources Milne - PresidentEmail: hdmcap@ Telephone: (604) 377-8994Website: FORWARD LOOKING STATEMENTS: This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Forward-looking statements in this news release includes statements related to the proposed Transaction and related matters. 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 from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. 1,2 AuEq in Thesis News Release dated September 5th, 2024 is defined in the mineral resources as being Au=Ag/ in to access your portfolio
The Market Online
13-05-2025
- Business
- The Market Online
B.C. gold explorer adds claims next to new discovery
Gold explorer Hi-View Resources (CSE:HVW) acquired 613.24 hectares of claims near Amarc Resources and Freeport-McMoRan's recent discovery at the AuRORA porphyry target in British Columbia The discovery yielded up to 4.48 grams per ton (g/t) of gold, 8.4 g/t silver and 0.96 per cent copper Hi-View Resources acquires, explores and develops mineral properties in the Toodoggone region of northern British Columbia The junior mining stock has given back over 80 per cent since 2022 Gold explorer Hi-View Resources (CSE:HVW) acquired 613.24 hectares of claims near Amarc Resources and Freeport-McMoRan's recent discovery at the AuRORA porphyry target in British Columbia's Toodoggone region, yielding up to 4.48 grams per ton (g/t) of gold, 8.4 g/t silver and 0.96 per cent copper. Amarc owns three districts in the region, each of which boasts the potential to host multiple porphyry copper-gold deposits of significant scale. Freeport-McMoRan, one of the largest public copper producers, can earn up to a 70 per cent interest in each district by investing up to C$200 million in development capital. Hi-View's new claims, contiguous with its Lawyers East claim block, were purchased from three arm's-length vendors for 600,000 Hi-View shares and C$1,073.16 in cash. The company is planning follow-up exploration at its Lawyers South, East and West claims, as well as its Golden Stranger project, the latter housing a non-compliant resource of 39,870 ounces of gold. Leadership insights 'In 2025, the Toodoggone region has solidified its status as one of Canada's premier mining districts. Amarc Resources' AuRORA discovery is potentially British Columbia's highest-grade porphyry find to date. Thesis Gold secured a C$24.5 million investment from Centerra Gold— the operator of Kemess South, the region's last active mine — which will fund a robust drill program at the Lawyers-Ranch complex. A Q4 resource update is anticipated, potentially positioning Thesis as an attractive takeover target. Skeena Resources added further momentum to the region by selling its Sophia project to TDG Gold and committing a strategic C$11.5 million investment,' Robert Nick Horsley, Hi-View Resources' chief executive officer, said in a statement. 'Meanwhile, Hi-View's land package — highlighted by historic drilling at the Golden Stranger and the underexplored Southeast Block — offers exciting untapped potential, setting the stage for the upcoming exploration season.' About Hi-View Resources Hi-View Resources acquires, explores and develops mineral properties in Canada and the USA. Its portfolio is concentrated in the Toodoggone region of northern British Columbia, which is prospective for gold, silver and copper. Hi-View Resources stock (CSE:HVW) last traded at C$0.025. The stock has given back over 80 per cent since 2022. Join the discussion: Find out what everybody's saying about this junior gold, silver and copper stock on the Hi-View Resources Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
