Gold Hunter (HNTRF / CSE: HUNT) announced a non‑brokered private placement to raise up to C$1.25 million. The capital will fund the next phase of its Great Northern project in Newfoundland and provide working‑capital support. The offering consists of up to 14,545,455 flow‑through units priced at C$0.055 each and up to 9,000,000 units priced at C$0.05 each, each paired with warrants exercisable for 24 months at C$0.08 (flow‑through warrants) and C$0.075 (HD warrants). Flow‑through proceeds are earmarked for eligible Canadian exploration expenses and will be renounced effective 31 December 2025. Closing is contingent on regulatory approvals, a statutory hold period, and potential finder fees.
Positive
- Financing of C$1.25 million to accelerate drilling activities.
- Up to 14,545,455 flow‑through units dedicated to eligible exploration costs.
- Flow‑through tax benefits will be renounced by the end of 2025.
Negative
- Potential issuance of up to 23,545,455 shares plus attached warrants.
- Warrants exercisable for 24 months could dilute existing equity.
- Securities will be subject to a statutory hold period of four months plus one day.
Vancouver, British Columbia (December 11 2025) – Gold Hunter Resources Inc. (CSE: HUNT) is launching a private placement to secure up to C$1.25 million in gross proceeds. The funding is aimed at moving the company’s flagship Great Northern project from the exploration‑preparation stage into its first systematic drilling campaign.
The offering is structured as follows:
- Up to 14,545,455 flow‑through (FT) units at C$0.055 per unit.
- Up to 9,000,000 non‑flow‑through (HD) units at C$0.05 per unit.
Red Cloud Securities Inc. is acting as a finder for the transaction.
Each FT unit comprises one common share designated as a flow‑through share under subsection 66(15) of the Canadian Income Tax Act, plus a half‑share purchase warrant exercisable at C$0.08 per share for a 24‑month period. Each HD unit includes one common share and a full‑share purchase warrant exercisable at C$0.075 per share, also for 24 months.
Strategic Use of Proceeds
Flow‑through proceeds will be allocated to eligible Canadian exploration expenses at the Great Northern site. The expenses will be renounced to investors as of 31 December 2025, providing them with immediate tax benefits. Net proceeds from the HD units will be directed toward working capital and general corporate purposes.
Management Perspective
Sean Kingsley, President and CEO, highlighted the timing of the financing: “The capital raise positions Gold Hunter precisely as we transition from planning to drilling. We now control a district‑scale gold system in one of the world’s most active mining jurisdictions. Modern geophysics has defined a suite of high‑potential targets, and the financing enables us to execute a disciplined drill program while maintaining strong shareholder alignment.”
Market and Technical Analysis
Gold Hunter’s Great Northern project sits on a 26,237‑hectare land package that straddles the Doucers Valley fault system, a structural corridor with over 35 km of strike length. Historical data and recent VTEM (Versatile Time‑Domain Electromagnetic) surveys have identified multiple splays and secondary faults, suggesting the presence of sizable undiscovered gold deposits. If early drill results confirm the geophysical targets, the project could become a flagship asset for the company, potentially unlocking additional financing at a higher valuation.
From a financing standpoint, the blend of flow‑through and non‑flow‑through units is a strategic choice. The flow‑through component attracts investors seeking Canadian exploration tax incentives, while the HD units limit dilution by offering a lower price point without immediate tax benefits. However, the aggregate issuance of up to 23.5 million shares plus warrants represents a material dilution risk, especially if the warrants are exercised in full after the 24‑month period.
In the broader context, gold prices have been trading above US$1,900 per ounce, providing a favorable backdrop for junior explorers. The increased commodity price environment improves the economics of developing gold projects and may accelerate the company’s path to a cash‑flow‑positive operation should the drill program achieve commercial-grade intercepts.
Offering Terms and Conditions
The closing of the placement is subject to receipt of all required regulatory approvals, including the Canadian Securities Exchange. Issued securities will be subject to a statutory hold period of four months plus one day, in accordance with applicable securities laws. Finder fees will be paid in line with CSE policies.
About Gold Hunter Resources Inc.
Gold Hunter Resources Inc. is a Canadian mineral exploration firm focused on acquiring and advancing high‑potential precious‑metal projects. The company employs a data‑driven exploration model that integrates modern geophysical techniques with legacy data to uncover district‑scale opportunities. The Great Northern project, anchored by the Doucers Valley fault system, is the company’s primary asset and is poised for its inaugural drill campaign.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward‑Looking Statements
This release contains forward‑looking statements within the meaning of Canadian securities legislation. These statements refer to the anticipated size and timing of the offering, the intended use of proceeds, exploration plans, and other future developments. Such statements are based on management’s assumptions as of the date of this release and are subject to risks and uncertainties, including market conditions, regulatory approvals, commodity price volatility, exploration outcomes, and broader economic factors. Actual results may differ materially. The company does not undertake to update these statements unless required by law.
FAQ
What is Gold Hunter raising in the private placement?
Gold Hunter is raising up to C$1.25 million through FT units at C$0.055 and HD units at C$0.05.
How many units and warrants will be issued?
The offering could issue up to 14,545,455 FT units and 9,000,000 HD units, each accompanied by warrants exercisable for 24 months.
What will the flow‑through proceeds be used for?
FT proceeds will fund eligible Canadian exploration expenses at the Great Northern project and will be renounced as of 31 December 2025.
What are the warrant exercise prices and terms?
FT warrants can be exercised at C$0.08 per share and HD warrants at C$0.075 per share, each with a 24‑month exercise window.
When will the private placement close and what approvals are required?
Closing is subject to all required regulatory approvals, including the Canadian Securities Exchange, and standard closing conditions.
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