Gold Hunter Announces Private Placement for Gross Proceeds of up to C$1.25 Million

Rhea-AI Summary

Gold Hunter (HNTRF / CSE: HUNT) announced a non-brokered private placement to raise up to C$1.25 million to fund advancement of its Great Northern Project in Newfoundland and to provide working capital. The Offering includes up to 14,545,455 flow-through units at C$0.055 and up to 9,000,000 units at C$0.05, with attached warrants exercisable at C$0.08 (FT warrants) and C$0.075 (HD warrants) for 24 months. Proceeds from FT Units will be spent on eligible Canadian exploration expenses and renounced effective December 31, 2025. Closing is subject to regulatory approvals, securities hold periods, and possible finder fees.

Positive

• Financing size of C$1.25M to advance drilling
• Up to 14,545,455 flow-through units dedicated to exploration
• Flow-through proceeds renounced effective Dec 31, 2025

Negative

• Potential issuance of up to 23,545,455 shares plus warrants
• Attached warrants exercisable for 24 months may dilute equity
• Securities subject to a statutory hold period of 4 months + 1 day

Key Figures

Private placement size: C$1,250,000 FT Units: 14,545,455 units at C$0.055 HD Units: 9,000,000 units at C$0.05 +5 more

8 metrics

Private placement size C$1,250,000 Maximum aggregate gross proceeds of the Offering

FT Units 14,545,455 units at C$0.055 Flow-through units offered in the placement

HD Units 9,000,000 units at C$0.05 Hard-dollar units offered in the placement

FT Warrant strike C$0.08 Exercise price per FT Warrant, 24-month term

HD Warrant strike C$0.075 Exercise price per HD Warrant, 24-month term

Hold period 4 months + 1 day Statutory hold on securities issued in Offering

Renunciation date December 31, 2025 Date FT Canadian exploration expenses to be renounced

Current price US$0.03625 Pre-news price, <b>11.69%</b> up over prior 24 hours

Market Reality Check

Price: $0.0934 Vol: Volume 55,000 is roughly ...

normal vol

$0.0934 Last Close

Volume Volume 55,000 is roughly in line with the 20-day average of 53,985 (relative volume 1.02x). normal

Technical Price at 0.03625 is trading below the 200-day MA of 0.05 and 67.05% under the 52-week high.

Peers on Argus

Peers show mixed moves: CNCOF down 15.37%, GURFF up 11.11%, while others are fla...

Peers show mixed moves: CNCOF down 15.37%, GURFF up 11.11%, while others are flat or modestly positive. This points to stock-specific rather than broad sector dynamics around the financing news.

Common Catalyst Another peer, FEERF, also reported a private placement today, suggesting capital-raising is a shared theme among select explorers.

Historical Context

4 past events · Latest: Dec 04 (Positive)

Pattern 4 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Exploration update	Positive	+3.4%	VTEM survey outlined new undrilled high-priority structural targets at Great Northern.
Oct 08	Data & funding	Positive	+23.2%	Final VTEM data plus a $400,000 bridge loan to guide and fund drill targeting.
Sep 09	Survey completion	Positive	-0.3%	Completion of project-wide VTEM and magnetic survey across 26,237-hectare property.
Jul 16	Financing tranche	Positive	+64.1%	First tranche of $652,774 private placement to fund VTEM survey and exploration.

Pattern Detected

Recent news, mostly exploration progress and financings, has more often aligned with positive price reactions, though there has been at least one divergence on exploration updates.

Recent Company History

Over the last six months, Gold Hunter has advanced the Great Northern Project through district-scale VTEM surveys and structural mapping, highlighting multiple high-priority anomalies and drill-ready targets. Financing has been a recurring theme, including a $652,774 placement in July 2025 and a $400,000 bridge loan in October 2025. These capital raises supported geophysical work and targeting. Today’s private placement continues that pattern of funding exploration as the company progresses toward its first systematic drilling program.

Market Pulse Summary

This announcement outlines a non-brokered private placement of up to C$1.25 million split between fl...

Analysis

This announcement outlines a non-brokered private placement of up to C$1.25 million split between flow-through and hard-dollar units, with 24-month warrants attached. Proceeds are earmarked for Canadian exploration expenses at Great Northern and for working capital, continuing the company’s financing-driven path toward its first systematic drilling program. Historically, Gold Hunter has paired new capital with VTEM surveys and targeting work, so follow-up news on drill plans and execution will be important to track.

Key Terms

private placement, flow-through share, warrant, statutory hold period, +1 more

5 terms

private placement financial

"is pleased to announce a non-brokered private placement (the "Offering")"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

flow-through share financial

"one common share issued as a "flow-through share" within the meaning of subsection 66(15)"

Flow-through shares are a type of equity where a company transfers the tax deductions from certain qualifying expenses (often exploration or development costs) directly to the investor, who can then claim those deductions on their own tax return. For investors this can reduce taxable income and boost after-tax returns—think of buying stock that also comes with a coupon for future tax savings—so these shares can make financing cheaper for companies and more attractive to tax-aware buyers.

warrant financial

"one-half of one common share purchase warrant (each whole warrant, a "FT Warrant")"

A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.

statutory hold period regulatory

"subject to a statutory hold period ending on the date that is four months plus one day"

A statutory hold period is a legally required time window during which newly issued securities or shares received by insiders cannot be sold. It matters to investors because it affects when those shares can enter the market, influencing supply, short-term liquidity and potential price pressure—think of it like a temporary “no-sell” tag that prevents an immediate flood of items onto a store shelf after a big restock.

Canadian exploration expenses financial

"used to incur eligible "Canadian exploration expenses" at the Great Northern Project"

Canadian exploration expenses are costs incurred to look for and evaluate mineral resources in Canada that Canadian tax rules allow to be claimed as deductible exploration spending. Investors care because these expenses can be flowed through as tax benefits or deductions, lowering taxable income for eligible shareholders and effectively acting like a tax rebate that can improve after‑tax returns and reduce a mining company's net capital needs — similar to getting a future tax coupon for money spent today.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") for aggregate gross proceeds of up to C$1,250,000, positioning the Company to advance its flagship Great Northern Project in Newfoundland as it transitions into its first systematic drilling program.

The Offering will consist of (i) up to 14,545,455 flow-through units of the Company (each, a "FT Unit") at a price of C$0.055 per FT Unit, and (ii) up to 9,000,000 units of the Company (each, a "HD Unit") at a price of C$0.05 per HD Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.

Each FT Unit will consist of one common share issued as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a "FT Share") and one-half of one common share purchase warrant (each whole warrant, a "FT Warrant"). Each FT Warrant will entitle the holder to acquire one common share at a price of C$0.08 for a period of 24 months from issuance.

Each HD Unit will consist of one common share of the Company (each, a "Unit Share") and one common share purchase warrant (each, a "HD Warrant"). Each HD Warrant shall entitle the holder to acquire one Warrant Share at a price of C$0.075 for a period of 24 months from issuance.

Strategic Use of Proceeds

The proceeds from the sale of FT Units will be used to incur eligible "Canadian exploration expenses" at the Great Northern Project in Newfoundland, with all qualifying expenditures renounced to subscribers effective December 31, 2025.

The net proceeds from the sale of HD Units will be used for working capital and general corporate purposes.

CEO Commentary

"This financing is about positioning Gold Hunter at the exact moment it transitions from consolidation and preparation into drilling," said Sean Kingsley, President & CEO of Gold Hunter.

"We now control a district-sized project with a gold-bearing fault system in one of the world's most active mining jurisdictions, with modern geophysics completed, targets being finalized, and drilling in sight. This Offering allows us to move decisively while maintaining discipline, tight ownership, and strong alignment with shareholders. With our updated investor presentation now live, investors can clearly see the scale of what we're building and why we believe Great Northern has the potential to be a significant Newfoundland gold story."

Corporate Update

Gold Hunter has posted an updated investor presentation on its website and in its investor materials concurrent with this news release. The updated presentation outlines the Company's district-scale land position, completed VTEM geophysical survey and data-driven targeting strategy as the Company advances toward its initial drill program.

Offering Terms and Conditions

The closing of the Offering is subject to receipt of all required regulatory approvals, including approval of the Canadian Securities Exchange (the "CSE"). The securities issued under the Offering will be subject to a statutory hold period ending on the date that is four months plus one day from the date of issuance in accordance with applicable securities laws. Finder's fees may be payable in accordance with CSE policies.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

ON BEHALF OF THE BOARD OF DIRECTORS:

(signed)
Sean Kingsley
President & Chief Executive Officer

For further information, please contact:
Sean Kingsley
sean@goldhunterresources.com
+1 (604) 440-8474 (call or WhatsApp)
Website: www.goldhunterresources.com

About Gold Hunter Resources Inc.

Gold Hunter Resources Inc. is a Canadian mineral exploration company dedicated to acquiring and advancing high-potential precious and base metal projects. The Company employs a data-driven exploration strategy, merging modern techniques with historical data to unlock district-scale opportunities. The Great Northern Project, covering 26,237 hectares and over 35 kilometres of strike length along the prospective Doucers Valley Fault Structure, is the Company's flagship asset. Within the Doucers Valley Fault, there's been identified 50km+ potential splays and secondary faults with known mineralization and potential for additional

mineralization. Gold Hunter is committed to responsible exploration, stakeholder engagement, and creating long-term shareholder value.

Neither the CSE nor its Regulation Services Provider (as defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. These statements relate to future events or the Company's future performance and include statements regarding the completion and size of the Offering, the intended use of proceeds of the Offering, future exploration plans, and other anticipated developments related to the Company's business.

Forward-looking statements are based on reasonable assumptions made by management as of the date of this news release and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation: capital markets conditions, regulatory approvals, investor interest and participation in the financing, volatility in commodity prices, exploration risks, operating costs, availability of personnel, and general economic and market conditions.

Although Gold Hunter believes the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that they will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277665

FAQ

What is Gold Hunter (HNTRF) raising in the December 11, 2025 private placement?

Gold Hunter is raising up to C$1.25 million through FT Units at C$0.055 and HD Units at C$0.05.

How many units and warrants will Gold Hunter issue in the Offering (HNTRF)?

The Offering could issue up to 14,545,455 FT Units and 9,000,000 HD Units, each with attached warrants exercisable for 24 months.

What will Gold Hunter use the flow-through proceeds for (HNTRF)?

Proceeds from FT Units will be used to incur eligible Canadian exploration expenses at Great Northern and renounced as of Dec 31, 2025.

What are the warrant exercise prices and term in the Gold Hunter financing (HNTRF)?

FT warrants exercise at C$0.08 and HD warrants at C$0.075, each for 24 months from issuance.

When will the private placement close and what approvals are required for HNTRF?

Closing is subject to required regulatory approvals, including the Canadian Securities Exchange, and customary conditions.