VANCOUVER, BC / ACCESSWIRE / July 2, 2024 / Golden Pursuit Resources Ltd. (the "Company") (TSXV:GDP) announces that it will offer (i) up to 3,000,000 non flow-through units (each, a "NFT Unit") at the price of $0.20 per NFT Unit raising up to $600,000 where each NFT Unit consists of one common share and one-half of one share purchase warrant for the purchase of one common share for the price of $0.25 and having an exercise period of two (2) years and (ii) up to 2,500,000 flow-through units (each, a "FT Unit") at the price of $0.25 per FT Unit raising up to $625,000 where each FT Unit consists of one flow-through common share and one-half of one share purchase warrant for the purchase of one common share for the price of $0.25 and having an exercise time of two (2) years.
The non-flow-through funds will be used for both exploration and general working capital. The flow-through shares will qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada) (the "Act"). The Proceeds of the flow-through private placement will be used to incur "Canadian exploration expense" (within the meaning of the Act).
The Company shall pay finders fees comprised of cash, warrants, or a combination of both.
All securities issued will be subject to a four-month hold period, which will expire four months and one day from the date of issue.
The foregoing is subject to the approval of the TSX Venture Exchange.
Golden Pursuit Resources Ltd.
Per: "Brian McClay"
Brian McClay, President
For further information, please contact:
Golden Pursuit Resources Inc.
Tel: 604-730-6982
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Renmark Financial Communications Inc.
Ben Ozerkevich: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
