Hi-View Resources Inc announced a private placement a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.022 per unit for gross proceeds of up to CAD 220,000 on April 30, 2024. Each unit will consist of one common share in the capital of the company and one share purchase warrant. Each warrant will be exercisable by the warrant holder to acquire one additional share at a price of CAD 0.05 for a period of 24 months from the closing of the Offering.

In connection with the Offering, the company may pay to qualified finders, a 10% cash finder?s fee and a 10% finder?s fee payable in non-transferable share purchase warrants. Each warrant entitles the holder thereof to purchase one share at a price of CAD 0.05 per share for a period of 24 months from closing of the Offering subject to the acceleration provision as outlined above. The company may elect to close the Offering in one or more tranches.

It is anticipated that insiders of the company may participate in the Offering. The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable Canadian securities laws.