Giant Mining Announces Automatic Conversion of Special Warrants. Prospectus Supplement Available on SEDAR+
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Press Release July 18, 2025
Giant Mining Announces Automatic Conversion of Special
Warrants. Prospectus Supplement Available on SEDAR+
VANCOUVER, BC — July 18, 2025 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce
that it has filed a prospectus supplement dated July 17, 2025 (the “ Prospectus
Supplement”) to its short form base shelf prospectus dated May 29, 2025 (the “Shelf
Prospectus”) to qualify the distribution of securities underlying 15,187,293 special
warrants (the “Special Warrants”) issued by the Company on June 27, 2025 (the
“Offering”).
The Prospectus Supplement qualifies the distribution of 15,187,293 common shares
(each a “Common Share”) and 15,187,293 common share purchase warrants (each
a “ Warrant”) comprising the units of the Company issuable on the exercise or
deemed exercise of the Special Warrants in the Provinces of British Columbia, Alberta,
and Ontario. Each Warrant entitles the holder thereof to acquire one Common Share
at an exercise price of $0.32 until 4:00 p.m. (Pacific Time) on the date that is four
years following the closing date of the Offering. The Warrants are subject to an
accelerated expiry (the “ Acceleration Right”) if the trading price of the Common
Shares on the Canadian Securities Exchange (the “ CSE”), or such other market as
the Common Shares may trade from time to time, is or exceeds $0.80 for any five
(5) consecutive trading days, in which event the Warrant holder may, at the
Company’s election, be given notice by way of a news release that the Warrants will
expire 30 days following the date of such notice. The Warrants may be exercised by
the Warrant holder during the 30-day period between the notice and the expiration
of the Warrants.
The Special Warrants will be deemed to be converted into Common Shares and
Warrants on July 22, 2025. No action is required on the part of any holder of Special
Warrants to convert their Special Warrants into underlying securities.
The qualification rights of holders of Special Warrants are further described in the
Prospectus Supplement and the Shelf Prospectus, which can be found under the
Company’s profile on SEDAR+ at www.sedarplus.ca.
Access to the Shelf Prospectus and the Prospectus Supplement, and any amendment
to the documents, is provided in accordance with securities legislation relating to
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procedures for providing access to a shelf prospectus supplement, a base shelf
prospectus and any amendment. The Shelf Prospectus and the Prospectus
Supplement are accessible on SEDAR+ at www.sedarplus.ca. An electronic or paper
copy of the Prospectus Supplement, the corresponding Shelf Prospectus and any
amendment to the documents may be obtained, without charge, from the Company
at 1500, 1055 West Georgia Street, Vancouver, British Columbia V6E 4N7, or by email
at [email protected] and by providing the contact with an email address or
address, as applicable.
The Company also clarifies that further to its news release of June 27, 2025
announcing the closing of its Special Warrant Financing, that 320,000 finders warrants
issued thereunder (each a “Finders Warrant”) have an exercise price of $0.21 and
the remaining 190,400 Finders Warrants have an exercise price of $0.32.
The securities being referred to in this news release have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended, and may not
be offered or sold in the U.S. or to, or for the account or benefit of, U.S. persons
absent registration or an applicable exemption from the registration requirements.
This news release does not constitute an offer to sell or the solicitation of an offer to
buy nor shall there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for
the adequacy or accuracy of this release.
On Behalf of the Board of Giant Mining Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
P: 1 (604)-499-6791
VISIT OUR WEBSITE FOR MORE DETAILS
www.giantminingcorp.com
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Forward-Looking Statements
This news release contains forward-looking information, which involves known and
unknown risks, uncertainties and other factors that may cause actual events to differ
materially from current expectation. Important factors – including statements related
to the Company’s strategy, projects or plans that could cause actual results to differ
materially from the Company's expectations as disclosed in the Company's documents
filed from time to time on SEDAR+ (see www.sedarplus.ca). Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak only as of
the date of this press release. The Company disclaims any intention or obligation, except
to the extent required by law, to update or revise any forward looking statements,
whether as a result of new information, future events or otherwise.