GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce it has closed its previously announced non-brokered private placement of units of the Company. The Company issued an aggregate of 6,141,303 Units at a price of $0.25 per Unit for gross proceeds of approximately $1,535,325, with each Unit comprised of one common share of the Company and one common share purchase warrant. Each Warrant is exercisable to acquire one Common Share at a price of $0.50 per Warrant Share for a period of 24 months from the date of issuance.

Insider participation included Bonn Smith, CEO & President for 360,000 Units and Sead Hamzagic, CFO for 400,000 Units. Such participation is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any Units issued to, or the consideration paid by, such persons will exceed 25% of the Company’s market capitalization.

All securities issued in connection with the Offering are subject to a hold period of four months and one day pursuant to applicable securities laws. In connection with the Offering, the Company issued 111,230 non-transferable broker warrants, with each broker warrant exercisable to acquire one Common Share at a price of $0.50 for a period of 24 months from the date of issuance, and paid cash finder’s fees in the aggregate amount of $27,807.50.

The Company intends to use the net proceeds of the Offering for exploration expenditures, administrative expenses and general working capital.

About GoldHaven Resources Corp.

GoldHaven Resources Corp. is a Canadian junior exploration Company focused on acquiring and exploring highly prospective land packages in North and South America. The Company’s projects include the flagship Magno Project, a district-scale polymetallic property adjacent to the historic Cassiar mining district in British Columbia. The Three Guardsman Project, which exhibits significant potential for copper and gold-skarn mineralization. The Copeçal Gold Project, a drill-ready gold project located in Mato Grosso, Brazil with a 6km strike of anomalous gold in soil samples. Three Critical Mineral projects with extensive tenement packages totalling 123,900 hectares: Bahia South, Bahia North and Iguatu projects located in Brazil.