Gold Hunter Resources Raises Up to C$1.25 Million in Private Placement

Vancouver, BC – Gold Hunter Resources Inc. has announced a non-brokered private placement expected to raise up to C$1.25 million. The capital infusion is intended to support the progression of the company's flagship Great Northern Project in Newfoundland, ahead of its initial systematic drilling program.

The placement will comprise up to 14,545,455 "flow-through" units at C$0.055 each and up to 9,000,000 common units at C$0.05 each. Flow-through units consist of a flow-through share and half a warrant, with the whole warrant exercisable for one common share at C$0.08 within 24 months. Common units include one common share and one warrant exercisable for one share at C$0.075.

Proceeds from the flow-through units will fund eligible Canadian exploration expenses at the Great Northern Project, with qualifying expenditures to be renounced to subscribers by December 31, 2025. Net proceeds from the common units will be allocated to working capital and general corporate purposes. Gold Hunter has also updated its investor presentation detailing its project area, geophysical surveys, and planned drill program.

President and CEO Sean Adam Kingsley stated the financing positions Gold Hunter to transition from consolidation and preparation into discovery. The company controls a district-scale project with a gold-bearing fault system in Newfoundland. The completion of the private placement is subject to regulatory approvals, and the issued securities will be subject to a four-month-and-one-day hold period.