Golden Spike Resources Corp. announced a private placement of common shares and warrants for gross proceeds of CAD 215,000 on July 13, 2022. The transaction include participation from Blair Naughty.

The company issued 2,000,000 shares at an issue price of CAD 0.02 per share for proceeds of CAD 40,000, 1,000,000 shares at an issue price of CAD 0.175 per share for proceeds of CAD 175,000, 2,000,000 warrants at an exercise price of CAD 0.05 and 1,000,000 warrants at an exercise price of 0.03 for a period of three years.