Goliath Resources Ltd.

Goliath Resources is pleased to announce it has upsized its previously announced non-brokered private placement to $12,750,000 comprised of charity flow through shares priced at $1.975 and flow through shares priced at $1.44. Mr. Rob McEwen has agreed to buy 800,000 shares that will increase his ownership in Goliath to 3.8% on a partially diluted basis post financing. Goliath intends to raise a total of $12,750,000 [...]

Goliath Resources Ltd. is pleased to announce it has closed a $1,000,000 order from its strategic shareholder Crescat Capital, plus an additional order for gross proceeds of $1,093,524 in the final tranche of the previously announced non-brokered financing up to $6,500,000 on August 13, 2024. The non-brokered private placement was a combination of: Non-Flow-Through shares sold at a price of $1.11 each and Flow-Through [...]

Goliath Resources Ltd. is pleased to announce it intends to raise $7,366,750 by way of a non-brokered charity flow through private placement at a price of $1.975 per share. A strategic Singapore based Global Commodity Group has agreed to purchase 1,600,000 shares. GCG recently participated in Goliath's $1.11 non-brokered hard dollar private placement that closed in August and will own 3.6% post this financing. Goliath [...]

Surebet Drill Highlights: Drill hole GD-24-260 has the highest concentration of Visible Gold drilled to date at the Surebet Discovery. This intercept suggests this structure is a principal conduit for gold-depositing fluids and is likely close to the heat engine driving this system that remains ope. Drill hole GD-24-260 intercepted the Bonanza Zone between 533.90 - 547.00 m and remains open which includes the highest [...]

Goliath Resources Ltd. is pleased to announce it has closed the $2,000,000 order from a strategic global commodity group based in Singapore, plus additional orders for gross proceeds of $5,406,080 in the first tranche. The second tranche up to a total of $6,500,000 is expected to close early September 2024. The non-brokered private placement is a combination of: Non-Flow-Through shares to be sold at a price of $1.11 each [...]

Goliath Resources Ltd. is pleased to announce it has received a $2,000,000 order from a strategic global commodity group based in Singapore. Goliath is increasing its non-brokered private placement from $3,000,000 up to $6,500,000. Goliath intends to raise up to $6,500,000 through a non-brokered private placement in a combination of: Non-Flow-Through shares to be sold at a price of $1.11 each and Flow-Through shares to be [...]

Newly Discovered Treasure Island 550 x 450 Meters VMS Type Target - Drill Hole Highlights: Pad 1: A 9.8 m interval of mineralization containing quartz stockwork and breccia hosting massive chalcopyrite and pyrite; the zone remains open, and assays are pending. Pad 1: The 5.46 meter interval of mineralization contains stockwork, quartz breccia hosting semi-massive to massive pyrite and trace chalcopyrite, together with [...]

Goliath Resources Ltd. is pleased to report it has received a lead order from its strategic investor, Crescat Capital LLC, the Company's single largest shareholder. Goliath intends to raise up to $3,000,000 through a non-brokered private placement. Based on exceptional assay results and the abundance of visible gold in a majority of the holes drilled thus far, the Company will be expanding the drill program at the Surebet [...]

Drill Highlights From 2024 Drilling Season: 100% of the first 8 holes drilled to date during the 2024 drill season have intercepted continuous strong mineralization in the targeted veins. Including mineralization that suggests the drilling has tapped into the heat engine source of the gold mineralizing system at the Surebet Discovery. Abundant Visible Gold up to 1.30 mm in size has been identified in multiple intervals in [...]

Goliath Resources Ltd. is pleased to report that based on positive drilling success early in the 2024 drill program has led to the early exercise of 2,393,097 common share purchase warrants primarily from Strategic Investors for proceeds of $1,822,814. These Warrants were all set to expire starting March 25, 2025 and the balance over the course of the year until December 29, 2025 with strike prices up to $0.92 each. There [...]