I have seen upsized PPs, maybe an upsized upsized PP but this is the first , upisized, upsized upsized PP.!!
Got has long suffered from warrant overhangs, so Thankful this PP has no warrant attached . Time to close all this upsizing ASAP and see what assays 8 drills are hitting. With high profile high net worth injections I think Got trading patterns will no longer be uninspiring. Even with the PPs not yet closed Got is a mere .04 from a breakout here.
Goliath Upsizes Non-Brokered Placement From $14,725,000 To $15,725,500 As Strategic Investor Mr. Larry Childress Increases Share Purchase From 1,000,000 To 1,400,000
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce it has increased the previously announced non-brokered flow through financing from $14,725,000 to $15,725,500 as strategic investor Mr. Larry Childress has agreed to increase his Goliath common share purchase from 1,000,000 to 1,400,000 through Childress Family LP.
About Mr. Larry Childress
Mr. Childress has a MS Degree in Mining Engineering and started an oil exploration company in 1980 discovering several major oilfields in western Kansas. He has been investing in mineral projects at various stages for over 40 years. Mr. Childress currently owns ~22 million shares of Fireweed Metals and is the second largest shareholder after the Lundin Family. Other major holdings include Filo, WA1 Resources and Hercules Metals. He was the second largest shareholder in Noront Resources when they were taken out by Wyloo at a significant premium to market at ~C$637M. |
