The Prospector News

Strategic Investor Crescat Capital Exercises Warrants and Goliath Resources Receives Proceeds in Aggregate of $1,380,238

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Strategic Investor Crescat Capital Exercises Warrants and Goliath Resources Receives Proceeds in Aggregate of $1,380,238

 

 

 

 

 

Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) is pleased to report it has received proceeds in aggregate of $1,380,238 over the past few weeks from 4,842,939 common share purchase warrants exercised. These set of Warrants had a strike price of $0.285 each and expire December 11, 2022, of which, 100% were all exercised prior to their expiry date.

 

Crescat Capital, a strategic investor and largest shareholder of the Company accounted for 3,718,085 of these common share purchase warrants exercised for the sum of $1,059,654. Crescat currently owns 17.48% outright ownership of Goliath and 19.82% on a partially diluted basis.

 

After this Warrant exercise, Goliath has only 78,383,763 issued and outstanding common shares and 115,375,576 on a fully diluted basis.

 

About Crescat Capital

 

Crescat is a global macro asset management firm headquartered in Denver, Colorado, which deploys tactical investment themes based on proprietary value-driven equity and macro models. Crescat’s investment goals are to provide industry-leading absolute, and risk-adjusted returns over complete business cycles with low correlation to common benchmarks, and they apply their investment process across a mix of asset classes and strategies. Crescat is taking activist stakes in the precious metals exploration industry today as one of its key macro themes.

 

About Goliath Resources Limited

 

Goliath Resources Limited is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. All of its projects are in world class geological settings and geopolitical safe jurisdictions amenable to mining in Canada.

Posted December 13, 2022

Share this news article

MORE or "UNCATEGORIZED"


North Bay Resources Announces Assays up to 5.69% Copper, 1 Opt. Silver, and 0.22% Vanadium at Copper Island Project, British Columbia

North Bay Resources, Inc. ( (OTC: NBRI) is pleased to announce re... READ MORE

March 10, 2025

McEwen Mining Inc. Completes $10,000,000 Strategic Investment In Goliath Resources Limited At $1.93 Per Unit

Further to its press releases dated January 29, 2025 and February... READ MORE

March 10, 2025

Franco-Nevada Reports Q4 and Year-end 2024 Results

Strong Fourth Quarter Performance “Our portfolio del... READ MORE

March 10, 2025

G2 Goldfields Significantly Increases Gold Resources at the Oko Project, Guyana

G2 Goldfields Inc.  (TSX: GTWO) (OTCQX: GUYGF) is pleased to ann... READ MORE

March 10, 2025

Jeff Christian - "Silver Crisis 'Update' And The True Value Of Gold- Market Update" (Video)

In this presentation, Jeffrey Christian of CPM Group looks at some myths that continue to gai... READ MORE

March 7, 2025

Copyright 2025 The Prospector News