Goliath Resources warrants exercised for over $3 million

Goliath Resources announced significant participation from strategic investors Crescat Capital and Rob McEwen in their warrant exercises. They have raised $3,157,193 since January 1, 2025, through these exercises. Currently, there are 6,377,964 outstanding warrants with a total value of $6,377,964. These warrants have an average strike price of $0.65 and will expire by December 29, 2025. Among them, warrants worth $3,601,475 have an average strike price of $0.68 and will expire on or before May 16, 2025. Goliath's Golddigger Property spans 91,518 hectares in a region known for rich mineral deposits. It is located near the Red Line in British Columbia's Golden Triangle, home to famous mines like Eskay Creek and Premier. The company controls 56 kilometers of this valuable geological contact. The Surebet discovery on the property shows promising gold recovery rates of 92.2% without needing cyanide. The site is easily accessible to local communities, including Alice Arm and Kitsault, and has direct barge access to Prince Rupert. Goliath Resources is dedicated to responsible mining practices and supports CASERM, a collaboration between Colorado School of Mines and Virginia Tech that focuses on improving geoscience data use in the mineral resource industry. The company’s qualified person overseeing the technical information is Rein Turna, who is also a director at Goliath. Additionally, Goliath has granted stock options and restricted share units to advisors and consultants, which are subject to the company’s equity incentive plan. The company actively explores precious metal projects in the Golden Triangle, focusing on safe and favorable geological conditions for mining in Canada.