Gold Haven Resources Company (Oh, my God-CSE) announced details of LIFE’s planned $5.0 million offering that will be used to develop the company’s Magno Project in northern British Columbia and the Copecal Project in Mato Grosso, Brazil.
GoldHaven shares rose on the news, rising 9.62%, or $0.025, to 28.5 cents in early trading Thursday. Shares are trading in a 52-week range of 39 cents and $0.085.
The offering will consist of units at a price of 25 cents per unit, with each unit consisting of one common share and half a common share purchase warrant, the company said. Each warrant entitles the holder to purchase one common share for 35 cents out of 62 centsSecond abbreviation The day after release until a date that is 24 months after the closing date, which will likely occur on May 30, 2026.
Rob Birmingham, CEO of GoldHaven, said: “This financing allows GoldHaven to strongly leverage our core assets. At Magno, we have now secured full funding to execute and expand a significant 2026 drilling program across multiple high priority areas, while continuing to build on the strong initial drilling success at Copecal.” “We believe this dual-track approach provides shareholders with near-term discovery potential and long-term growth across two very promising regions.”
In a press release dated April 28, 2026, GoldHaven said it closed the final tranche of non-brokered streaming financing, bringing total proceeds to $2.0 million. A total of 7.7 million streaming shares were issued at a price of 26.5 cents per share, the company said.
The company said it plans to launch a 1,741-kilometre-long high-resolution airborne magnetic survey via its 100%-owned Magno project. The survey is expected to begin in June 2026, and will be flown 100 meters above the priority target corridors, highlighting the Magno Zone, Cohen Zone and Zone D. “This represents the first modern geophysical survey completed on a consolidated Magno land package,” the company said in a press release. “The software is designed to support 2026 drilling targeting and 3D geological modeling.”
The company said recent surface work at Magno identified multiple high-priority corridors supported by strong silver, lead, zinc, tungsten and indium mineralization, including silver values up to 2,370 g/t, tungsten up to 6,550 ppm and indium values up to 334 ppm.
The Magno Project is a regional multi-mineral exploration asset spanning approximately 37,200 hectares of the Cassiar region in northwestern British Columbia. The project hosts a large infiltration-related hydrothermal system and multiple mineralization styles, including silver, lead and zinc carbonate replacement mineralization, tungsten-rich saccharin systems, copper-bearing seeps and important minerals such as indium, bismuth and tellurium. Geological mapping and property-wide geochemical analyzes have identified the classic mineral zoning pattern associated with porphyry, supporting the interpretation of a large, vertically and horizontally extensive mineral system.
Prepared by Resource World Magazine Inc. This editorial is for general information purposes only and should not be considered a solicitation to buy or sell securities in the companies discussed here. The information provided is derived from sources believed to be reliable but cannot be guaranteed. This editorial does not take into account readers’ investment criteria, investment experience, financial situation, or financial goals of individual recipients and other concerns such as jurisdictional and/or legal restrictions that may exist for some persons. Recipients should rely on their own due diligence and seek their own professional advice before investing.
