Representative Matters

Goliath Resources Completes Private Placement of Charity Flow-Through Units

On December 21, 2023, Goliath Resources Limited (TSX-V: GOT) (“Goliath”), a precious metals exploration company, closed a non-brokered private placement of 2,597,403 charitable flow-through units. Each unit consisted of one common share that will qualify as a flow-through share within the meaning of the Income Tax Act (Canada) and one common share purchase warrant, with each warrant entitling the holder to purchase one common share at a price of $0.85 per share for a period of 24 months from the date of issuance.

Goliath intends to use the proceeds of the offering for exploration, drilling and related programs on the company’s Golddigger and Lucky Strike properties situated in and around the Golden Triangle of northwestern British Columbia.

Aird & Berlis represented Goliath with a team led by Thomas Fenton and Russell Sanders.