GoldHaven Announces Non-Brokered Private Placement, Warrant Amendments & Acquisition of Coya 6 Concession
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO
UNITED STATES NEWS WIRE SERVICES**
GoldHaven Announces Non-Brokered Private Placement,
Warrant Amendments & Acquisition of Coya 6 Concession
Vancouver, British Columbia, November 16, 2022 – GoldHaven Resources Corp. ("GoldHaven"
or the "Company") (CSE: GOH) announces a non-brokered private placement of up to 6,250,000
units @ $0.08 per unit (the "Offering"). Each unit consists of one common share of the Company
and one common share purchase warrant entitling the holder to purchase an additional common
share of the Company at a price of $0.12 per share (the "Warrants") for a period of 24 months from
the closing of the Offering. The expiry of the Warrants may be accelerated if the closing price of
the Corporation’s common shares on the Canadian Securities Exchange is equal to or greater than
$0.35 for a minimum of ten consecutive trading days and a notice of acceleration is provided in
accordance with the terms of the Warrants.
Finder’s fees may be payable in connection with the Offering.
All securities issued in connection with the Offering will have a four-month and one day hold
period in Canada from the closing of the Offering.
Net proceeds of the Offering will be used for general working capital.
None of the foregoing securities have been or will be registered under the United States Securities
Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be
offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined
in Regulation S under the 1933 Act) or persons in the United States absent registration or an
applicable exemption from such registration requirements. This press release does not constitute
an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing
securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Warrant Amendments
The Company further announces that it has amended the warrant exercise price of the following
warrants issued pursuant to non-brokered private placements on March 5, 2021 whereby the
Company issued 2,338,901 share purchase warrants exercisable until March 5, 2024, March 19,
2021 whereby the Company also issued 495,140 share purchase warrants exercisable until March
19, 2024, November 22, 2021 whereby the Company issued 1,576,109 share purchase warrants
exercisable until November 22, 2023 and November 26, 2021 the Company also issued 250,000
share purchase warrants exercisable until November 26, 2023. All warrants issued pursuant to
these private placements were exercisable at $0.65 per warrant share and the Company has
amended the exercise price of all the above-noted warrants to $0.12.
News Release 2 November 16, 2022
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
If required by the Canadian Securities Exchange (the “CSE”) the expiry date of the Warrants shall
be accelerated in accordance with CSE policy 6, section 7.4 as follows:
If the amended price is below the market price of the underlying security at the time
the warrants were issued, and following the amendment the exercise price is below
the closing price of the underlying security for any 10 consecutive trading days by
more than the permitted private placement discount, the term of the warrants must
be amended to 30 days. The amended term must be announced by press release
and the 30 day term will commence 7 days from the end of the 10 day period.
Coya 6 Mining Concession
The Company also reports that, pursuant to a Purchase and Sale Agreement between Austral
Exploraciones SpA and the Company, GoldHaven has purchased the Coya 6 mining concession,
located in the Copiapo region of Chile through the issuance of 1,000,000 common shares to Austral
Exploraciones SpA.
About GoldHaven Resources Corp.
GoldHaven Resources Corp. is a Canadian junior precious metals exploration Company focused
on acquiring and exploring highly prospective land packages in both Canada and Chile.
GoldHaven maintains a strategic presence in the gold and silver rich Maricunga Gold Belt of
Northern Chile which is host to several mining and advanced exploration projects including
Salares Norte (Gold Fields), Esperanza (Kingsgate Consolidated), La Coipa (Kinross), Cerro
Maricunga (Fenix Gold), Lobo-Marte (Kinross), Volcan (Volcan), Refugio (Kinross/Bema),
Caspiche (Goldcorp/Barrick), and Cerro Casale (Goldcorp/Barrick). The Company has identified
a total of 12 high-priority targets at its Alicia and Roma project areas in the Maricunga within a
prominent regional NW-SE structural trend along strike from Gold Fields’ Salares Norte deposit
(5.2 million ounces of Gold1). These targets have been designated “High Priority” due to the extent,
pervasive alteration, favourable geology, highly anomalous rock geochemical results, and their
relative proximity to existing deposits.
GoldHaven is also making exploration progress in Canada at its Smoke Mountain property which
is located in the Central British Columbia Porphyry-Epithermal Belt in close proximity to Surge
Copper’s Berg project, as well as at its Pat’s Pond project in Newfoundland’s Central
Newfoundland Gold Belt. Pat’s Pond is located less than 20km from Marathon Gold’s 3.14 Moz2
Valentine Gold Project and on strike from the Boomerang/Domino VMS deposit. Pat’s Pond is
highly prospective for gold, copper, silver and zinc and has large scale discovery potential.
GoldHaven engages proactively with local and Indigenous rights holders and seeks to develop
relationships and agreements that are mutually beneficial to all stakeholders.
Note: The deposits/mines near GoldHaven’s properties provide geologic context, but this is not necessarily indicative that
GoldHaven properties host similar grades or tonnages of mineralization.
News Release 3 November 16, 2022
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
On Behalf of the Board of Directors
Justin Canivet, CFA
Chief Executive Officer
For further information, please contact:
Bonn Smith,
Business Development
www.goldhavenresources.com
Office Direct: (604) 638-3073
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the
CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this
release.
News Release References
1 Jamasmie, C., 2019. Gold Fields Salares Norte project in Chile granted environmental permit. December 18, 2019, 9:29am.
Exploration Intelligence Latin America Gold Silver. https://www.mining.com/gold-fields-salares-norte-project-in-chile-granted-
environmental-permit/
2 https://marathon-gold.com/valentine-gold-project/
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking statements and forward-looking information (collectively, "forward
looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United
States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact,
included herein including, without limitation, the intended use of the proceeds received from the Offering, the possible
acquisition of the Projects, the Company's expectation that it will be successful in enacting its business plans, and the
anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although
the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove
to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects",
"anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words
and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would,
might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the
Company has applied several material assumptions, including without limitation, that investor interest will be
sufficient to close the Offering, and the receipt of any necessary regulatory or corporate approvals in connection with
the Offering and the Assignment, that there will be investor interest in future financings, market fundamentals will
result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory
approvals in connection with the future exploration and development of the Company's projects in a timely manner,
the availability of financing on suitable terms for the exploration and development of the Company's projects and the
Company's ability to comply with environmental, health and safety laws.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future
results or performance, and that actual results may differ materially from those in forward-looking statements as a
result of various factors, including, operating and technical difficulties in connection with mineral exploration and
development activities, actual results of exploration activities, the estimation or realization of mineral reserves and
mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and
affairs, as currently contemplated, the inability to close the Offering, the inability of the Company to enter into
definitive agreements in respect of the Letters of Intent which are the subject of the Assignment, the timing and amount
News Release 4 November 16, 2022
#2710 – 200 Granville Street, Vancouver, BC V6C 1S4 • Tel. 604-638-5938 • Fax 604-408-7499
Web. www.goldhavenresources.com
of estimated future production, the costs of production, capital expenditures, the costs and timing of the development
of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic
conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor
interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining
governmental approvals, permits or financing or in the completion of development or construction activities, changes
in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any
necessary permits, consents, approvals or authorizations, including by the Exchange, the timing and possible outcome
of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other
risks and uncertainties disclosed in the Company's latest interim Management's Discussion and Analysis and filed
with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be
accessed via www.sedar.com and readers are urged to review these materials.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no
obligation to update any of the forward-looking statements. The Company undertakes no obligation to update any of
the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required
by law.