GoldHaven Closes Flow-Through Financing for Proceeds of $1.0 Million

Read the original at Toronto Star ↗
Toronto Star · collected 2026-10-08 · by GlobeNewswire, Inc.

Quick Summary

GoldHaven Resources Corp. has completed a non-brokered flow-through financing that raised $1 million by issuing 3,773,584 common shares at $0.265 each. The funds will support the company’s exploration activities at its Magno Project in Canada and are expected to be used for critical mineral mining expenditures as defined under Canadian tax laws. CEO Rob Birmingham noted that this financing will enhance GoldHaven's financial flexibility and advance ongoing exploration efforts, with results to be reported as they become available.
Written locally by qwen2.5:14b on 2026-10-08, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

GoldHaven Resources Corp., a Vancouver-based company, has completed its non-brokered flow-through financing, raising $1 million by issuing 3,773,584 flow-through common shares at $0.265 each on October 8, 2026. The funds will bolster GoldHaven's exploration efforts at the Magno Project and support its ongoing 2026 exploration program. CEO Rob Birmingham expressed satisfaction with both existing and new investor backing, highlighting the company’s strengthened financial position as it continues to evaluate multiple high-priority targets.

Written for “Goldhaven Financing Close” on 2026-10-09, grounded in this article and the 0 other(s) covering the same event.

Signals How these are calculated →

Claims extracted
23
claim-shaped sentences
Uncertain
13%
3 of 23 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
63.0
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Economy/Business
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-08 · how these are computed

Story

📰 Goldhaven Financing Close
Economy/Business · 1 article(s) covering the same event.

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Who wrote this

No reporter is named on this article, beyond the feed's “GlobeNewswire, Inc.”.

Topics

British Columbia Canadian GoldHaven GoldHaven Resources Corp. VANCOUVER

Subjects

GoldHaven ORG · 4× Rob Birmingham PERSON · 3× Canadian NORP · 2× 4QS ORG · 1× British Columbia GPE · 1× Company ORG · 1× GHVNF ORG · 1× GOH ORG · 1× GoldHaven Resources Corp. ORG · 1× VANCOUVER GPE · 1×

Narrative

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, 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 any future projects in a timely manner, the availability of financing on suitable terms for exploration and development of future projects and the Company’s ability to comply with environmental, health and safety laws.
framing: assertive · carried by 1 article(s) · first seen 2026-10-08
🔮 The additional capital is expected to provide GoldHaven with increased financial flexibility to advance exploration at its Magno Project and build upon the Company’s ongoing 2026 exploration program.
2026-10-08 · Toronto Star
GoldHaven Closes Flow-Through Financing for Proceeds of $1.0 Million · assertive framing

Claims (23 extracted, 3 hedged)

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) (the “Company” or “GoldHaven”) is pleased to announce that it has closed its previously announced non-brokered flow-through financing (the “Flow-Through Offering”) through the issuance of 3,773,584 flow-through common shares (the “FT Shares”) at a price of $0.265 per FT Share for aggregate proceeds of $1 million. asserted
it → announce → million
The additional capital is expected to provide GoldHaven with increased financial flexibility to advance exploration at its Magno Project and build upon the Company’s ongoing 2026 exploration program. asserted
capital → expect → program
Rob Birmingham, CEO of GoldHaven, commented: “We are very pleased with the continued support from both existing and new investors. asserted
We → comment → investors
This additional financing further strengthens GoldHaven’s financial position as we advance our exploration efforts at Magno. asserted
we → strengthen → Magno
With drilling progressing and multiple high-priority targets being evaluated, we believe the Company is well positioned to build on the momentum established throughout 2026. asserted
Company → progress → 2026
We look forward to providing further updates as results become available. asserted
results → look → updates
In connection with the closing, the Company paid cash finder’s fees totaling $70,000 and issued 264,151 non-transferable finder warrants (each, a “Finder Warrant”) to certain eligible arm’s-length finders who introduced subscribers to the Offering. asserted
who → pay → Offering
Each Finder Warrant entitles the holder to purchase one common share (a “Finder Share”) at a price of $0.35 per Finder Share for a period of 24 months from the date of issuance. asserted
Warrant → entitle → issuance
All securities issued pursuant to the Offering are subject to a statutory hold period expiring four months plus one day from closing, in accordance with applicable securities laws and Canadian Securities Exchange requirements. asserted
securities → issue → laws
The gross proceeds from the Offering will be used to incur eligible Canadian exploration expenses that will qualify as “Critical Mineral Mining Expenditures” as defined under the Income Tax Act (Canada). asserted
that → use → Act
The expenditures will be renounced to subscribers effective December 31, 2026. asserted
expenditures → renounce → subscribers
Funds from the Offering are expected to support ongoing exploration and advancement of the Company’s Magno Project. asserted
Funds → expect → Project
please contact: Rob Birmingham, CEO Office Direct: (604) 629-8254 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. asserted
term → contact → release
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. asserted
release → regard → 1995
All statements, other than statements of historical fact, included herein including, without limitation, those listed below under the heading “Forward-Looking Statements in This News Release” asserted
statements → include → Release
Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. asserted
expectations → believe → assurance
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. uncertain
that → look → events
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, 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 any future projects in a timely manner, the availability of financing on suitable terms for exploration and development of future projects and the Company’s ability to comply with environmental, health and safety laws. asserted
fundamentals → make → 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 of the Company to enter into definitive agreements in respect of possible Letters of Intent, the timing and amount 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. uncertain
results → caution → Canada
All of the Company’s Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials. uncertain
readers → access → materials
Readers are cautioned not to place undue reliance on forward-looking statements. asserted
Readers → caution → 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. asserted
Company → undertake → law
The following statements in this news release constitute forward-looking information: - The expectation that the additional capital will provide GoldHaven with increased financial flexibility to advance exploration at its Magno Project and build upon the Company’s ongoing 2026 exploration program - GoldHaven’s plan to further strengthen its exploration program at Magno while maintaining the momentum established on the ground - The expenditures from the Offering being renounced to subscribers effective December 31, 2026 asserted
expenditures → constitute → subscribers
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