Goliath Resources Limited announces major funding from Crescat Capital
Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) has closed a $1,000,000 order from strategic shareholder Crescat Capital. This commitment sits within a broader financing initiative targeting up to $6,500,000, reinforcing support for Goliath’s work in one of Canada’s premier mining districts.
Funding breakdown and pricing
In this round, an additional order of $1,093,524 complements a previously established private placement plan. The non-brokered financing includes two components: Non-Flow-Through (NFT) shares priced at $1.11, and Flow-Through (FT) shares priced at $1.28, each structured in line with Canadian tax legislation. The pricing reflects the distinct tax attributes of the two share classes while aligning with the company’s capital needs.
What Flow-Through shares mean for investors
Flow-Through shares play a longstanding role in Canadian mineral exploration. Buyers of FT shares can access tax deductions tied to eligible Canadian exploration expenses, helping to offset personal or corporate taxable income. For investors choosing to back Goliath’s work in the Golden Triangle, this structure pairs potential exploration upside with established tax incentives in a region long known for gold and silver discoveries.
How Goliath plans to use the proceeds
Goliath will allocate proceeds to general working capital and to advance exploration activities across its properties. With a particular focus on exploration programs in British Columbia, the company aims to deploy capital where it can accelerate progress, maintain operational momentum, and continue de-risking its mineral resource projects.
Regional benefits and jobs
Exploration spending can ripple through local economies. Beyond potential returns for shareholders, incremental funding supports services, contractors, and jobs. Goliath’s footprint in the Golden Triangle underscores a commitment to measured, sustainable growth in a geopolitically stable jurisdiction that is supportive of responsible mining.
Exploration in the Golden Triangle
The Golden Triangle hosts some of the world’s most productive mines and deposits. Goliath’s position in this district allows it to build on established geological knowledge while testing new targets. Each program adds data, refines models, and deepens the company’s understanding of the mineralization potential within its licensed areas.
Partnerships that strengthen execution
Strategic relationships, notably with Crescat Capital, help Goliath compete and execute. Crescat’s ongoing participation signals confidence in Goliath’s plans and the long-term potential of its projects. The firm’s technical and investment perspective—including input from Dr. Quinton Hennigh, whose background spans geology and investing in gold and silver companies—has been a valuable sounding board as Goliath advances its work.
About Crescat Capital
Crescat Capital is a global macro asset management firm headquartered in Denver, Colorado. The firm seeks to grow long-term wealth through research-driven, tactical investments across asset classes. Its active focus on the mining sector—across both precious and base metals—aligns with Goliath’s exploration strategy and makes Crescat a natural partner.
About Goliath Resources Limited
Based in the Golden Triangle, Goliath Resources Limited focuses on exploring precious metal projects. The company emphasizes safety, sustainable practices, and collaboration with key shareholders and partners. That alignment helps Goliath stay disciplined while pushing exploration forward in a region known for its high-quality geology.
Contact Information
For further details regarding Goliath Resources Limited, please reach out to:
Mr. Roger Rosmus
Founder and CEO
Tel: +1.416.488.2887
roger@goliathresources.com
www.goliathresourcesltd.com
Frequently Asked Questions
1. How much funding did Goliath Resources secure?
Goliath closed a $1,000,000 order from Crescat Capital. This is part of a broader financing effort that targets up to $6,500,000 in total, designed to support operations and exploration.
2. What share types and prices are included?
The non-brokered financing features two components: Non-Flow-Through shares at $1.11 and Flow-Through shares at $1.28. FT shares carry tax-related attributes under Canadian rules, while NFT shares do not.
3. How will the proceeds be used?
Funds will go toward general working capital and exploration across Goliath’s properties, with an emphasis on programs in British Columbia and continued advancement in the Golden Triangle.
4. Who is Crescat Capital?
Crescat Capital is a Denver-based global macro asset management firm. It pursues long-term wealth creation through tactical, research-led strategies and invests actively in the mining sector across precious and base metals.
5. What’s the advantage of Flow-Through (FT) shares?
FT shares provide investors with access to tax deductions for eligible Canadian exploration expenses. For those backing exploration-stage work, that tax treatment can enhance the after-tax economics of an investment.
