Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls four highly prospective properties that include Bingo, Golddigger, Lucky Strike and C...

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Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in t......

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121 Mining Investment London Spring 2019: Presentation By Goliath Resources President/CEO Roger Rosmus

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Media Relations posted an update in GOLIATH RESOURCES LIMITED

1 month

Goliath Resources
[May 2019 Presentation] Our Properties


insert_drive_fileGoliath-Corporate-Presentation_May-29-2019.pdf
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8020Admin

1 month

8020Admin posted a press release Goliath Mobilized for Its 2019 Exploration and Drilling Season in the Prolific Golden Triangle and Surrounding Area in GOLIATH RESOURCES LIMITED


TORONTO, June 12, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce the crew has mobilized to Terrace, British Columbia in preparation of its planned summer exploration and drilling season at its 100% controlled Golddigger and Lucky Strike Projects.


The Golddigger property covers 14,220 hectares and is located on tide water 30 kilometres south east of Stewart, British Columbia in the Golden Triangle. The exploration program for this year will focus on expanding the dataset on the newly discovered Red Line Corridor and Goldswarm Breccia Zones in preparation for drilling in 2020. Link to property video (Click Here).


Property highlights include:



  • Within two kilometres of the unconformity between Lower Hazelton and Stuhini rocks, also known as the “Red Line”, the key location where the vast majority of major deposits have been found within the Golden Triangle (link to map);

  • Grabs up to 113.50 g/t Au 249.00 g/t Ag;

  • 0.55 m Channel grading 29.70 g/t Au and 14.30 g/t Ag (link to image);

  • 0.40 m Channel grading 25.10 g/t Au and 126.00 g/t Ag (link to image);

  • 0.50 m Chip grading 47.50 g/t Au and 272.00 g/t Ag (link to image);

  • 0.50 m Chip grading 24.50 g/t Au and 77.10 g/t Ag (link to image).


The Lucky Strike property is 31,511 hectares in size that has logging road access, a few kilometers to a major highway, power, rail and only 40 km north of Terrace, British Columbia by paved highway to additional infrastructure. The objective of the upcoming planned diamond drill program will be to trace the newly discovered Lorne Creek Au-Cu-Mo Porphyry System to depth at its outcropping mineralized porphyry. Link to target video (Click Here).


Property highlights include:



  • A mineralized Au-Cu-Mo porphyry centre has been confirmed that is defined by a large 1200 by 700 metre alteration system, that is cored by QSP (link to image), containing gold-bearing chalcopyrite and molybdenite stockwork mineralization;

    • The gold, copper, and molybdenum grades from the Lorne Creek Porphyry system are consistent with typical porphyry systems.



  • The Lorne Creek Porphyry Discovery is at the headwaters of Lorne Creek, the most prolific placer gold producer in the district.

  • Historical placer gold production of 13,721 troy ounces and nuggets of up to 1.5 ounces gold (see BC MINFILE No. 103I204, 103I050 and 103I207).

  • Mapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag (link to image) veins and Cu-Mo porphyry centres. These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek. Link to samples video (Click Here).

  • Along the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 406 ppb. A historic BC MINFILE report (No. 103l027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.

  • The Lorne Creek Porphyry System is located within a larger known porphyry belt.


Mr. Roger Rosmus, CEO and Director of Goliath states:
“The newly discovered mineralized gold, copper, molybdenum porphyry core outcropping at surface is an extremely rare find. Management believes this porphyry system to be the source of the placer gold that has been historically produced from Lorne Creek. This new discovery has already attracted interest from several miners alike. With positive drilling results, the Lorne Creek Au-Cu-Mo Porphyry System is poised to quickly evolve into the next big porphyry discovery. We are very excited and look forward to reporting all of our 2019 results with much anticipation”.


Qualified Person
Stephen Roach P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.


For more information please contact:


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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8020Admin

2 months

8020Admin posted a press release Goliath Closes $448,788 First Tranche Flow-Through & Non Flow-Through Funding in GOLIATH RESOURCES LIMITED


NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, May 07, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) (the “Company or “Goliath”) is pleased to announce that it has closed its first tranche of its continuing non-brokered private placement announced on April 25, 2019 (see release) for a total of $448,788 comprised of $116,788 of flow-through and $332,000 in non-flow through funding.


The first tranche consisted of flow-through units ("FT Unit") priced at $0.10 each and non-flow-through units (“NFT Unit”) priced at $0.09 each. British Columbia residents and corporations are eligible for BC Super Flow Through of 30% from this offering, as well, individuals in British Columbia are also entitled to receive their 15% ITC Federal Tax Credit.


Each FT Unit is comprised of one (1) common share which is a "flow-through" share for Canadian income tax purposes and one-half (1/2) share purchase warrant. Each whole FT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.16 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.32 per Share for ten (10) consecutive trading days on the TSX-V, the Company shall thereafter be entitled to give notice to the $0.16 warrant holders by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT Unit is comprised of one (1) common share which is not a "flow-through" share and one (1) share purchase warrant. Each NFT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.14 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.28  per Share for ten (10) consecutive trading days on the TSX-V, the Company shall thereafter be entitled to give notice to the holders of all $0.14 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


Goliath has accepted the resignation of Mr. Sam Ho, COO. We would like to thank him for his last two years of service and he will remain as a consultant to the Company. In addition, Goliath has entered into a six (6) month agreement for European consulting, marketing and shareholder awareness program with Power One Canada Consulting S.A. for $250,000. In addition, the Company has granted stock options for a total of 2,685,000 common shares of the Company to its officers, directors and consultants. These stock options are exercisable at CDN $0.09 per stock option; all of these options will expire on May 7, 2024. All stock options are governed by the terms and conditions of the Company's stock option plan.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Copperhead, Golddigger and Lucky Strike covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found.


The newly discovered mineralized Lorne Creek Au-Cu-Mo Porphyry System at the Lucky Strike Property will be the main focus in 2019 with its inaugural drill program planned this exploration season.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1.416.488.2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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News Provided by GlobeNewswire via QuoteMedia

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8020Admin

3 months

8020Admin posted a press release Goliath Announces Non-Brokered Private Placement up to $500,000 Non Flow-Through and $710,000 Flow-Through Funding in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, April 25, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) (the “Company or “Goliath”) is pleased to announce a non-brokered private placement of up to $500,000 in non flow-through and up to $710,000 in flow-through financing. Funds raised will be used for exploration and general working capital; it is anticipated the close will take place within the next two weeks.


The offering will consist of flow-through units ("FT Unit") priced at $0.10 and non-flow-through units (“NFT Unit”) priced at $0.09.


Each FT Unit will be comprised of one (1) common share which is a "flow-through" share for Canadian income tax purposes and one-half (1/2) share purchase warrant. Each whole FT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.16 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.32 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the $0.16 warrant holders by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT Unit will be comprised of one (1) common share which is not a "flow-through" share and one (1) share purchase warrant. Each NFT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.14 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.28  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.14 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Copperhead, Golddigger and Lucky Strike covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found.


The newly discovered mineralized Lorne Creek Au-Cu-Mo Porphyry System at the Lucky Strike Property will be the main focus in 2019 with its inaugural drill program planned this exploration season.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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Media Relations posted an update Roger Rosmus presents in Rouyn Noranda in GOLIATH RESOURCES LIMITED

The MI3 Communications, Abitibi dinner series investor forum stops last night in Rouyn Noranda in front of a packed room Mr. Roger Rosmus, presents the latest developments of Goliath Resources.


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Media Relations posted an update Interview with Mr. Roger Rosmus, CEO at this year's PDAC2019 in GOLIATH RESOURCES LIMITED

In this March 6, 2019 interview with SmallCapPower at PDAC, Goliath Resources Limited (TSXV:GOT) CEO Roger Rosmus discusses the Company’s focus of being a project generator in British Columbia’s Golden Triangle and surrounding areas. Watch our interview to learn more about the significance of Goliath’s porphyry outcropping discovery as well as why the Company has its sights set on the Lucky Strike Property in 2019.


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Media Relations posted an update Roger Rosmus, President Goliath Resources presents in Val d'Or last evening in GOLIATH RESOURCES LIMITED

Mr. Roger Rosmus, President of Goliath Resources give a presentation last evening at MI3 Dinner Series in Val'dOr.


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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

4 months

Gold Source breccia: Video

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

4 months

Lorne Creek porphyry: Samples/Terrain

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

4 months

Lorne Creek porphyry: Model Video

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Media Relations posted an update Goliath Resources at MI3 Quebec Investor dinner series conference in GOLIATH RESOURCES LIMITED

Last night in Quebec at the Conference dinner series presentation, hosted by MI3 Communications of Montreal, Mr. Roger Rosmus, President of Goliath Resources, arrives for a presentation to investors. 



Follow Goliath Resources here: http://connects.digital/goliath4

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8020Admin

7 months

8020Admin posted a press release Goliath Raises a Total of $1,674,355 Non-Brokered Private Placement of $172,500 Flow-Through Units Closed in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Dec. 28, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce that it has closed a non-brokered private placement of $172,500 flow-through units completed with institutions. This financing is in addition to the previously closed non-brokered private placements of $794,855 and $707,000 announced on December 14, 2018 and November 27, 2018 respectively for a total of $1,674,355.


This offering consisted of flow-through units ("FT Unit") priced at $0.10 per unit.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company paid a finders fee equal to 7% of the gross proceeds from a portion of the financing in cash in the amount of $7,000, and 7% finders warrants in the amount of 35,000. The finders warrants are based on the same terms and conditions as the warrants attached to the units sold in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at: www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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8020Admin

7 months

8020Admin posted a press release Goliath Arranges Non-Brokered Private Placement Of Up To $250,000 Flow-Through Units in GOLIATH RESOURCES LIMITED


NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce that it has received additional interest from institutions and accredited investors alike to subscribe to a non-brokered private placement of up to $250,000 flow-through units. This financing is in additional to the previously closed non-brokered private placements of $794,855 and $707,000 announced on December 14, 2018 and November 27, 2018 respectively.


The offering will consist of flow-through units ("FT Unit") priced at $0.10 per unit. Funds will be used for exploration activities in British Columbia and it is scheduled to close next week.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants , by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms, conditions and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information: 
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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8020Admin

7 months

8020Admin posted a press release Goliath Arranges $794,855 Non-Brokered Private Placement in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce a non-brokered private placement of $794,855. Funds will be used for exploration and general working capital and it is scheduled to close this week.


The offering will consist of flow-through units ("FT Unit") and non-flow-through units (“NFT Unit”) both priced at $0.10 per unit.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT will be comprised of one common share which is not a "flow-through" share and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at: www.goliathresourcesltd.com


Contact Information: 
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


 

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8020Admin posted an update in GOLIATH RESOURCES LIMITED

8 months

Goliath Reports 15.75 g/t Au and 1845 g/t Ag (53.9 oz/t) From 1 Metre Chip Sample at DSM Skyhigh Property

https://quotemedia.com/portal/quote/?qm_symbol=GOT%3ACA

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8020Admin

8 months

8020Admin posted a press release Goliath Closes Over Subscribed Non-Brokered Private Placement of $707,000 in GOLIATH RESOURCES LIMITED

TORONTO, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company or “Goliath”) is pleased to announce it has closed an over subscribed non-brokered private placement for proceeds totaling $707,000, a thirty six percent (36%) increase from the $520,000 amount announced on November 21, 2018 (see news). This offering was completed with strong support from both institutions and accredited investors alike in Hong Kong and Canada. The proceeds are earmarked to fund exploration and general working capital.


The offering consisted of flow-through units ("FT Unit") and non-flow-through units (“NFT Unit”) both priced at $0.10 per unit.


Each FT Unit is comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT is comprised of one common share which is not a "flow-through" share and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company will pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering (including shares issued to finders) and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date. The Company did pay $18,060 in Finders Fees, and 180,600 in Finders warrants in relation to the FT Units sold. These warrants have the same price and terms as the warrants attached to the units sold.


About Goliath
Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in soils, grab and channel samples from exposed bedrock at surface over large areas. These new discoveries occurred in an area of glacial recession and snowpack melting in a geological setting where world class deposits have been found within the Golden Triangle and surrounding area.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1.416.488.2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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8020Admin

8 months

8020Admin posted a press release Goliath Announces Over Subscribed Non-Brokered Private Placement Increased to $707,000 in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA


TORONTO, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company or “Goliath”) is pleased to announce an oversubscribed nonbrokered private placement due to the increased interest in the financing announced November 21, 2018 (see news). This represents a 36% increase above the $520,000 released last week for proceeds now totaling $707,000. This offering has strong support from both institutions and accredited investors alike in Hong Kong and Canada. The private placement is scheduled to close tomorrow; proceeds are earmarked to fund exploration and general working capital.


About Goliath
Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares. All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in soils, grab and channel samples from exposed bedrock at surface over large areas. These new discoveries occurred in an area of glacial recession and snowpack melting in a geological setting where world class deposits have been found within the Golden Triangle and surrounding area.


Further information regarding Goliath Resources Limited can be found at: www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1.416.488.2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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8020Admin posted an update in GOLIATH RESOURCES LIMITED

8 months

Golddigger Property Samples Up to 133.50 g/t Au & 249.00 g/t Ag
Goliath Discovers High-Grade Gold and Silver in Multiple Breccias and Stockworks Along the Red Line Corridor Within the Golden Triangle, B.C.

https://quotemedia.com/portal/quote/?qm_symbol=GOT%3ACA

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8020Admin

8 months

8020Admin posted a press release Goliath Arranges $520,000 Non-Brokered Private Placement in GOLIATH RESOURCES LIMITED

  NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA


TORONTO, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce a non-brokered private placement of $520,000. Funds will be used for exploration and general working capital. It is scheduled to close early next week.


The offering will consist of flow-through units ("FT Unit") and non-flow-through units ("NFT Unit") both priced at $0.10 per unit.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT will be comprised of one common share which is not a "flow-through" share and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants , by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering (including shares issued to finders) and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls four highly prospective properties that include Bingo, Golddigger, Lucky Strike and C...

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Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in t......

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121 Mining Investment London Spring 2019: Presentation By Goliath Resources President/CEO Roger Rosmus

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Media Relations posted an update in GOLIATH RESOURCES LIMITED

1 month

Goliath Resources
[May 2019 Presentation] Our Properties


insert_drive_fileGoliath-Corporate-Presentation_May-29-2019.pdf
Thumb goliath corporate presentation may 29 2019

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8020Admin

1 month

8020Admin posted a press release Goliath Mobilized for Its 2019 Exploration and Drilling Season in the Prolific Golden Triangle and Surrounding Area in GOLIATH RESOURCES LIMITED


TORONTO, June 12, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce the crew has mobilized to Terrace, British Columbia in preparation of its planned summer exploration and drilling season at its 100% controlled Golddigger and Lucky Strike Projects.


The Golddigger property covers 14,220 hectares and is located on tide water 30 kilometres south east of Stewart, British Columbia in the Golden Triangle. The exploration program for this year will focus on expanding the dataset on the newly discovered Red Line Corridor and Goldswarm Breccia Zones in preparation for drilling in 2020. Link to property video (Click Here).


Property highlights include:



  • Within two kilometres of the unconformity between Lower Hazelton and Stuhini rocks, also known as the “Red Line”, the key location where the vast majority of major deposits have been found within the Golden Triangle (link to map);

  • Grabs up to 113.50 g/t Au 249.00 g/t Ag;

  • 0.55 m Channel grading 29.70 g/t Au and 14.30 g/t Ag (link to image);

  • 0.40 m Channel grading 25.10 g/t Au and 126.00 g/t Ag (link to image);

  • 0.50 m Chip grading 47.50 g/t Au and 272.00 g/t Ag (link to image);

  • 0.50 m Chip grading 24.50 g/t Au and 77.10 g/t Ag (link to image).


The Lucky Strike property is 31,511 hectares in size that has logging road access, a few kilometers to a major highway, power, rail and only 40 km north of Terrace, British Columbia by paved highway to additional infrastructure. The objective of the upcoming planned diamond drill program will be to trace the newly discovered Lorne Creek Au-Cu-Mo Porphyry System to depth at its outcropping mineralized porphyry. Link to target video (Click Here).


Property highlights include:



  • A mineralized Au-Cu-Mo porphyry centre has been confirmed that is defined by a large 1200 by 700 metre alteration system, that is cored by QSP (link to image), containing gold-bearing chalcopyrite and molybdenite stockwork mineralization;

    • The gold, copper, and molybdenum grades from the Lorne Creek Porphyry system are consistent with typical porphyry systems.



  • The Lorne Creek Porphyry Discovery is at the headwaters of Lorne Creek, the most prolific placer gold producer in the district.

  • Historical placer gold production of 13,721 troy ounces and nuggets of up to 1.5 ounces gold (see BC MINFILE No. 103I204, 103I050 and 103I207).

  • Mapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag (link to image) veins and Cu-Mo porphyry centres. These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek. Link to samples video (Click Here).

  • Along the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 406 ppb. A historic BC MINFILE report (No. 103l027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.

  • The Lorne Creek Porphyry System is located within a larger known porphyry belt.


Mr. Roger Rosmus, CEO and Director of Goliath states:
“The newly discovered mineralized gold, copper, molybdenum porphyry core outcropping at surface is an extremely rare find. Management believes this porphyry system to be the source of the placer gold that has been historically produced from Lorne Creek. This new discovery has already attracted interest from several miners alike. With positive drilling results, the Lorne Creek Au-Cu-Mo Porphyry System is poised to quickly evolve into the next big porphyry discovery. We are very excited and look forward to reporting all of our 2019 results with much anticipation”.


Qualified Person
Stephen Roach P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.


For more information please contact:


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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8020Admin

2 months

8020Admin posted a press release Goliath Closes $448,788 First Tranche Flow-Through & Non Flow-Through Funding in GOLIATH RESOURCES LIMITED


NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, May 07, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) (the “Company or “Goliath”) is pleased to announce that it has closed its first tranche of its continuing non-brokered private placement announced on April 25, 2019 (see release) for a total of $448,788 comprised of $116,788 of flow-through and $332,000 in non-flow through funding.


The first tranche consisted of flow-through units ("FT Unit") priced at $0.10 each and non-flow-through units (“NFT Unit”) priced at $0.09 each. British Columbia residents and corporations are eligible for BC Super Flow Through of 30% from this offering, as well, individuals in British Columbia are also entitled to receive their 15% ITC Federal Tax Credit.


Each FT Unit is comprised of one (1) common share which is a "flow-through" share for Canadian income tax purposes and one-half (1/2) share purchase warrant. Each whole FT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.16 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.32 per Share for ten (10) consecutive trading days on the TSX-V, the Company shall thereafter be entitled to give notice to the $0.16 warrant holders by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT Unit is comprised of one (1) common share which is not a "flow-through" share and one (1) share purchase warrant. Each NFT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.14 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.28  per Share for ten (10) consecutive trading days on the TSX-V, the Company shall thereafter be entitled to give notice to the holders of all $0.14 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


Goliath has accepted the resignation of Mr. Sam Ho, COO. We would like to thank him for his last two years of service and he will remain as a consultant to the Company. In addition, Goliath has entered into a six (6) month agreement for European consulting, marketing and shareholder awareness program with Power One Canada Consulting S.A. for $250,000. In addition, the Company has granted stock options for a total of 2,685,000 common shares of the Company to its officers, directors and consultants. These stock options are exercisable at CDN $0.09 per stock option; all of these options will expire on May 7, 2024. All stock options are governed by the terms and conditions of the Company's stock option plan.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Copperhead, Golddigger and Lucky Strike covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found.


The newly discovered mineralized Lorne Creek Au-Cu-Mo Porphyry System at the Lucky Strike Property will be the main focus in 2019 with its inaugural drill program planned this exploration season.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1.416.488.2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


Primary Logo



News Provided by GlobeNewswire via QuoteMedia

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8020Admin

3 months

8020Admin posted a press release Goliath Announces Non-Brokered Private Placement up to $500,000 Non Flow-Through and $710,000 Flow-Through Funding in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, April 25, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) (the “Company or “Goliath”) is pleased to announce a non-brokered private placement of up to $500,000 in non flow-through and up to $710,000 in flow-through financing. Funds raised will be used for exploration and general working capital; it is anticipated the close will take place within the next two weeks.


The offering will consist of flow-through units ("FT Unit") priced at $0.10 and non-flow-through units (“NFT Unit”) priced at $0.09.


Each FT Unit will be comprised of one (1) common share which is a "flow-through" share for Canadian income tax purposes and one-half (1/2) share purchase warrant. Each whole FT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.16 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.32 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the $0.16 warrant holders by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT Unit will be comprised of one (1) common share which is not a "flow-through" share and one (1) share purchase warrant. Each NFT warrant will entitle the holder to purchase one (1) additional common share which is not a "flow-through" share at the price of $0.14 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.28  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.14 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Copperhead, Golddigger and Lucky Strike covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found.


The newly discovered mineralized Lorne Creek Au-Cu-Mo Porphyry System at the Lucky Strike Property will be the main focus in 2019 with its inaugural drill program planned this exploration season.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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Media Relations posted an update Roger Rosmus presents in Rouyn Noranda in GOLIATH RESOURCES LIMITED

The MI3 Communications, Abitibi dinner series investor forum stops last night in Rouyn Noranda in front of a packed room Mr. Roger Rosmus, presents the latest developments of Goliath Resources.


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Media Relations posted an update Interview with Mr. Roger Rosmus, CEO at this year's PDAC2019 in GOLIATH RESOURCES LIMITED

In this March 6, 2019 interview with SmallCapPower at PDAC, Goliath Resources Limited (TSXV:GOT) CEO Roger Rosmus discusses the Company’s focus of being a project generator in British Columbia’s Golden Triangle and surrounding areas. Watch our interview to learn more about the significance of Goliath’s porphyry outcropping discovery as well as why the Company has its sights set on the Lucky Strike Property in 2019.


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Media Relations posted an update Roger Rosmus, President Goliath Resources presents in Val d'Or last evening in GOLIATH RESOURCES LIMITED

Mr. Roger Rosmus, President of Goliath Resources give a presentation last evening at MI3 Dinner Series in Val'dOr.


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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

4 months

Gold Source breccia: Video

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

4 months

Lorne Creek porphyry: Samples/Terrain

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

4 months

Lorne Creek porphyry: Model Video

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Media Relations posted an update Goliath Resources at MI3 Quebec Investor dinner series conference in GOLIATH RESOURCES LIMITED

Last night in Quebec at the Conference dinner series presentation, hosted by MI3 Communications of Montreal, Mr. Roger Rosmus, President of Goliath Resources, arrives for a presentation to investors. 



Follow Goliath Resources here: http://connects.digital/goliath4

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8020Admin

7 months

8020Admin posted a press release Goliath Raises a Total of $1,674,355 Non-Brokered Private Placement of $172,500 Flow-Through Units Closed in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Dec. 28, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce that it has closed a non-brokered private placement of $172,500 flow-through units completed with institutions. This financing is in addition to the previously closed non-brokered private placements of $794,855 and $707,000 announced on December 14, 2018 and November 27, 2018 respectively for a total of $1,674,355.


This offering consisted of flow-through units ("FT Unit") priced at $0.10 per unit.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company paid a finders fee equal to 7% of the gross proceeds from a portion of the financing in cash in the amount of $7,000, and 7% finders warrants in the amount of 35,000. The finders warrants are based on the same terms and conditions as the warrants attached to the units sold in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at: www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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8020Admin

7 months

8020Admin posted a press release Goliath Arranges Non-Brokered Private Placement Of Up To $250,000 Flow-Through Units in GOLIATH RESOURCES LIMITED


NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce that it has received additional interest from institutions and accredited investors alike to subscribe to a non-brokered private placement of up to $250,000 flow-through units. This financing is in additional to the previously closed non-brokered private placements of $794,855 and $707,000 announced on December 14, 2018 and November 27, 2018 respectively.


The offering will consist of flow-through units ("FT Unit") priced at $0.10 per unit. Funds will be used for exploration activities in British Columbia and it is scheduled to close next week.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants , by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms, conditions and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information: 
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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8020Admin

7 months

8020Admin posted a press release Goliath Arranges $794,855 Non-Brokered Private Placement in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce a non-brokered private placement of $794,855. Funds will be used for exploration and general working capital and it is scheduled to close this week.


The offering will consist of flow-through units ("FT Unit") and non-flow-through units (“NFT Unit”) both priced at $0.10 per unit.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT will be comprised of one common share which is not a "flow-through" share and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at: www.goliathresourcesltd.com


Contact Information: 
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


 

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8020Admin posted an update in GOLIATH RESOURCES LIMITED

8 months

Goliath Reports 15.75 g/t Au and 1845 g/t Ag (53.9 oz/t) From 1 Metre Chip Sample at DSM Skyhigh Property

https://quotemedia.com/portal/quote/?qm_symbol=GOT%3ACA

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8020Admin

8 months

8020Admin posted a press release Goliath Closes Over Subscribed Non-Brokered Private Placement of $707,000 in GOLIATH RESOURCES LIMITED

TORONTO, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company or “Goliath”) is pleased to announce it has closed an over subscribed non-brokered private placement for proceeds totaling $707,000, a thirty six percent (36%) increase from the $520,000 amount announced on November 21, 2018 (see news). This offering was completed with strong support from both institutions and accredited investors alike in Hong Kong and Canada. The proceeds are earmarked to fund exploration and general working capital.


The offering consisted of flow-through units ("FT Unit") and non-flow-through units (“NFT Unit”) both priced at $0.10 per unit.


Each FT Unit is comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing.  If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT is comprised of one common share which is not a "flow-through" share and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40  per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company will pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering (including shares issued to finders) and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date. The Company did pay $18,060 in Finders Fees, and 180,600 in Finders warrants in relation to the FT Units sold. These warrants have the same price and terms as the warrants attached to the units sold.


About Goliath
Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in soils, grab and channel samples from exposed bedrock at surface over large areas. These new discoveries occurred in an area of glacial recession and snowpack melting in a geological setting where world class deposits have been found within the Golden Triangle and surrounding area.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1.416.488.2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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8020Admin

8 months

8020Admin posted a press release Goliath Announces Over Subscribed Non-Brokered Private Placement Increased to $707,000 in GOLIATH RESOURCES LIMITED

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA


TORONTO, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company or “Goliath”) is pleased to announce an oversubscribed nonbrokered private placement due to the increased interest in the financing announced November 21, 2018 (see news). This represents a 36% increase above the $520,000 released last week for proceeds now totaling $707,000. This offering has strong support from both institutions and accredited investors alike in Hong Kong and Canada. The private placement is scheduled to close tomorrow; proceeds are earmarked to fund exploration and general working capital.


About Goliath
Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares. All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in soils, grab and channel samples from exposed bedrock at surface over large areas. These new discoveries occurred in an area of glacial recession and snowpack melting in a geological setting where world class deposits have been found within the Golden Triangle and surrounding area.


Further information regarding Goliath Resources Limited can be found at: www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1.416.488.2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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8020Admin posted an update in GOLIATH RESOURCES LIMITED

8 months

Golddigger Property Samples Up to 133.50 g/t Au & 249.00 g/t Ag
Goliath Discovers High-Grade Gold and Silver in Multiple Breccias and Stockworks Along the Red Line Corridor Within the Golden Triangle, B.C.

https://quotemedia.com/portal/quote/?qm_symbol=GOT%3ACA

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8020Admin

8 months

8020Admin posted a press release Goliath Arranges $520,000 Non-Brokered Private Placement in GOLIATH RESOURCES LIMITED

  NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA


TORONTO, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (FSE: B4IE) (OTCQB: GOTRF) (the “Company or “Goliath”) is pleased to announce a non-brokered private placement of $520,000. Funds will be used for exploration and general working capital. It is scheduled to close early next week.


The offering will consist of flow-through units ("FT Unit") and non-flow-through units ("NFT Unit") both priced at $0.10 per unit.


Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants, by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


Each NFT will be comprised of one common share which is not a "flow-through" share and one half (1/2) share purchase warrant (each full warrant a "$0.20 Warrant"). Each $0.20 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.20 for a period of 24 months after closing. If at any time after four months after the date of completion of the offering the Company's Shares have a closing price equal to or higher than $0.40 per Share for ten (10) consecutive trading days on the TSX-V (as defined herein), the Company shall thereafter be entitled to give notice to the holders of all $0.20 Warrants , by news release, that such warrants will expire at 4:30 p.m. (Toronto time) on that date which is 30 days after the date of such news release unless exercised before the expiry of that period.


The Company may pay finder's fees equal to 7% of the gross proceeds from a portion of the financing in cash, and 7% finders warrants equal to the number of units sold based on the same terms and in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering (including shares issued to finders) and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.


About Goliath


Goliath Resources Limited is a project generator of precious metals projects focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering over 44,000 hectares.  All four properties have brand new discoveries that all have returned anomalous gold, silver and/or copper in grab and channel samples from exposed bedrock at surface. These new discoveries occurred in an area of glacial recession and snowpack melting in a world class geological setting where world class deposits have been found. Inaugural drill programs were completed this year at both the Lucky Strike and Copperhead properties.


Further information regarding Goliath Resources Limited can be found at:
www.goliathresourcesltd.com


Contact Information:
Roger Rosmus
Chief Executive Officer
roger@goliathresources.com
+1-416-488-2887 x222


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

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