Hi-View Announces Closing of First Tranche of Non-Brokered Flow Through Private Placement
Hi-View Resources Inc.
Suite 700 – 838 West Hastings Street
Vancouver, British Columbia, V6C 0A6
www.hiviewresoures.com
HI-VIEW ANNOUNCES CLOSING OF FIRST TRANCHE OF
NON-BROKERED FLOW THROUGH PRIVATE PLACEMENT
VANCOUVER, BRITISH COLUMBIA, AUGUST 1, 2025 – HI-VIEW RESOURCES INC. (‘HI -
VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE: B63 ) announces today that
pursuant to its news release dated July 10, 2025, the Company has close the first tranche of its non-brokered
flow through private placement consisting of 3,444,485 flow through units (the “ FT Units”) at a price of
$0.105 per FT Unit for gross proceeds of $361,670.93 (the “Private Placement”).
Each FT Unit consists of one (1) flow-through share of the Company (each, a “ FT Share”) issued as a
“flow-through share” within the meaning of the Income Tax Act (Canada) and one half of one c ommon
share purchase warrant (each, a “Warrant”). Each whole Warrant entitles the holder thereof to purchase
one Common Share at a price of C$0.30 until 5.00pm (Vancouver Time) on or before August 1, 2028 ,
subject to an acceleration provision whereby if the closing price of the Issuer’s Shares is greater than $0.50
for a minimum period of 10 consecutive trading days on the CSE, then the Company may, in its sole
discretion, elect to provide written notice to the holders of the Warrants that the Warrants will expire at
5:00 p.m.(Vancouver time) on the date that is 30 days from the date of the written notice
The gross proceeds from the sale of the FT Shares will be used by the Company to incur eligible “Canadian
exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in
the Income Tax Act (Canada) related to the Company’s projects in Canada.
A director and officer and an officer of the Company, acquired directly and indirectly, an aggregate of
952,524 Units in the Private Placement. Participation of insiders of the Company in the Offering constitutes
a related party transaction as defined under Multilateral Instrument 61 -101 – Protection of Minority
Security Holders in Special Transactions (“MI 61-101”). The Company is relying on the exemption from
the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(a) of MI 61-101
and the exemption from the minority approval requirements of Section 5.6 of MI 61 -101 pursuant to
Subsection 5.7(1)(a) of MI 61-101. The securities issued pursuant to the Offering are subject to a statutory
hold period of four months plus one day.
Finder's fees of $710.01 cash and 20,955 broker warrants were paid to certain eligible finders in connection
with applicable securities laws and Canadian Securities Exchange policies. Each broker warrant entitles
the holder thereof to acquire one additional Common Share at a price of $0. 30 until 5.00pm (Vancouver
Time) on or before August 1, 2028.
All securities issued pursuant to the Private Placement are subject to a hold period of four months and one
day as required under applicable securities legislation which expires on December 2, 2025.
In addition, t he Company is making the second tranche of the private placement available to certain
subscribers pursuant to B.C. Instrument 45 -536 - Exemption Form Prospectus Requirement for Certain
Distributions Through an Investment Dealer and the corresponding blanke t orders and rules in other
Canadian jurisdictions. In accordance with the requirements of the investment dealer exemption, the
Company confirms that there is no material fact or material change about the Company that has not been
generally disclosed.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act
and applicable state securities laws or an exemption from such registration is available.
About Hi-View Resources Inc.
Hi-View Resources Inc. is a mineral exploration company targeting gold, silver, and copper in the
Toodoggone region of northern British Columbia, Canada. It’s 100% owned properties span 9,749 hectares,
including the Golden Stranger Property (2,669 hectares ) and the Lawyers East, West, and South claims.
The Golden Stranger project is fully permitted with 45 drill-ready sites. Historical drilling highlights include
10 meters at 11.55 g/t gold, and a pre -NI 43-101 estimate (non -compliant) of 498,905 tonnes at 2.74 g/t
gold. In 2024, sampling yielded up to 111.5 g/t gold and 2,740 g/t silver, with new mineralized zones
identified 1.3 km from the main showings, indicating significant exploration potential. For further details,
check Hi-View’s official website or recent filings on SEDAR+ (www.sedarplus.ca).
On Behalf of the Board of Directors,
“R. Nick Horsley”
R. Nick Horsley, CEO
For further information, please contact:
Hi-View Resources Inc.
Howard Milne - President
Email: [email protected]
Telephone: (604) 377-8994
Website: www.hiviewresources.com
FORWARD LOOKING STATEMENTS:
This news release includes certain statements that may be deemed “forward -looking statements”. All statements in this new release, other than
statements of historical facts, that address events or developments that the Company expects to occur, are forward -looking statements. Forward-
looking statements are statements that are not historical facts and are generally, but not always, identified by the words “e xpects”, “plans”,
“anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”,
“may”, “could” or “should” occur. Forward-looking statements in this news release includes statements related to the proposed Transaction and
related matters. Although the Company believes the expectations expressed in such forward -looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking
statements. Factors that coul d cause the actual results to differ materially from those in forward -looking statements include market prices,
continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-
looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s ma nagement on the date the
statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these f orward-looking
statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
1,2 AuEq in Thesis News Release dated Spetember5th, 2024 is defined in the mineral resources as being Au=Ag/80.