MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) Secures $2.26M in First Tranche of Over-Subscribed Non-Brokered Private Placement

Company: GoldHaven Resources Corp. (ATUMF)
Category: News

GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, has closed an initial tranche of an over-subscribed non-brokered private placement as previously announced on October 16, 2020, (the “offering”). According to the update, the company issued 11,307,500 units, each at a price of $0.20, for gross proceeds of $2,261,500.00. Each unit consists of one common share in the capital of the company and one common share purchase warrant (the “warrants”). Each warrant entitles the holder to purchase one common share in the capital of the company at an exercise price of $0.30 per share for 36 months from the closing of the offering. GoldHaven intends to use net proceeds to commence an exploration program on its Maricunga Gold Belt projects and for general working capital. Management recently completed exploration including surface sampling and has identified “high priority” drill targets on four of its seven projects in the Maricunga Gold Belt of Northern Chile. Drilling is scheduled to commence during the first quarter of 2021.

To view the full press release, visit https://ibn.fm/CxNp8

About GoldHaven Resources Corp.

GoldHaven is a Canadian junior exploration company active in the Maricunga Gold Belt of northern Chile. The Maricunga measures 150 km north-south and 30 km east-west and is host to discoveries in the last ten years of 100M oz gold; 450M oz silver and 1.3 billion lbs copper. The company has agreements in place to acquire seven high priority exploration targets as identified by geological studies. GoldHaven has identified four of these seven properties as “high priority” targets and will commence a drilling program beginning during the first quarter of 2021. The four priority targets include Coya, located approximately16 km northeast of the La Coipa mine where Kinross has extracted over 6.2 million oz.; the second is Rio Loa, a project located 25 km south of Gold Field’s Salares Norte deposit (5.2 M oz. AuEq; the third and fourth projects are Alicia and Roma, which are approximately 35 km south of the Salares Norte deposit. These targets have been designated as high priority owing to the extensive pervasive alteration, favourable geology and highly anomalous rock geochemistry results as well as their relative proximity to existing deposits. For more information about the company, visit www.GoldHavenResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ATUMF are available in the company’s newsroom at http://ibn.fm/ATUMF

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