Potentially, Goliath could receive over C$9,000,000 in additional warrant proceeds if all warrants are exercised
Strategic investors of Goliath Resources Limited (TSX-V: GOT; OTCQB: GOTRF; FSE: B4IF) have taken the positive drill results at the start of the 2024 drill program as an opportunity to exercise a total of 2,393,097 warrants early. This will provide Goliath with CAD 1,822,814 in fresh cash. These warrants were all scheduled to expire on March 25, 2025 and the remainder during the year ending December 29, 2025 with exercise prices of up to CAD 0.92 per warrant. Potentially, Goliath could receive over C$9,000,000 in additional warrant proceeds if all warrants are exercised, which have an average exercise price of C$0.63.
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