GoldHaven Resources Corp. announced a non-brokered private placement of up to 6,250,000 units at a price of CAD 0.08 per unit for gross proceeds of CAD 500,000 on November 16, 2022. Each unit consists of one common share of the company and one common share purchase warrant entitling the holder to purchase an additional common share of the company at a price of CAD 0.12 per share for a period of 24 months from the closing of the transaction.

The expiry of the warrants may be accelerated if the closing price of the corporation's common shares on the Canadian Securities Exchange is equal to or greater than CAD 0.35 for a minimum of ten consecutive trading days and a notice of acceleration is provided in accordance with the terms of the warrants. The company will pay finder's fees in the transaction. All securities issued in connection with the transaction will have a four-month and one day hold period in Canada from the closing of the transaction.