Strategic Investors Exercise Warrants Early, Goliath Resources Receives Proceeds Of $1,822,814
Strategic Investors Exercise Warrants Early,
Goliath Resources Receives Proceeds Of $1,822,814
Toronto, Ontario – August 2, 2024 – Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF)
(the “Company” or “Goliath”) 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 (“ 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 is still over $9,000,000 of warrants that are in the money with an average strike price of $0.63 based
on yesterdays close.
About Goliath Resources Limited
Goliath Resources is an explorer of precious metals projects in the prolific Golden Triangle of northwestern
British Columbia. All of its projects are in world class geological settings and geopolitical safe jurisdictions
amenable to mining in Canada. Goliath is a member and active supporter of CASERM which is an organization
that represents a collaborative venture between Colorado School of Mines and Virginia Tech. Goliath’s key
strategic cornerstone shareholders include Crescat Capital, Mr. Rob McEwen and Mr. Eric Sprott.
The Company’s flagship discovery is the Surebet at its 100% controlled Golddigger Property . The Property
covers an area of 66,608 hectares (164,592 acres) and is in the world class geological setting of the Eskay Rift,
within 3 kilometers of the Red Line in the Golden Triangle of British Columbia. This area and proximity have
hosted some of Canada’s greatest mines t hat include Eskay Creek, Premier and Snip. Other significant and
well known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM,
Red Chris, and Schaft Creek. Goliath controls 56 kilometers of the Red Line which is a geologic contact be-
tween Triassic age Stuhini rocks and Jurassic age Hazelton rocks used as key markers when exploring for gold-
copper-silver mineralization.
For more information please contact:
Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1-416-488-2887
www.goliathresourcesltd.com
Other
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Certain statements contained in this press release constitute forward-looking information. These statements
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or that if the proposed transactions do occur, will be completed on the terms described above.
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