Hi-View Resources Announces Private Placement to Raise Up to $2.22 Million
VANCOUVER, BRITISH COLUMBIA — February 18, 2026 — Leads & Copy —
Hi-View Resources Inc. (CSE: GXLD; OTCQB: HVWRF; FSE: B63) is undertaking a non-brokered private placement aiming to raise up to $1,500,000 through the sale of up to 5,000,000 units priced at $0.30 each. The company will use proceeds from the placement toward general corporate purposes including arm’s-length payables.
Each unit comprises one common share and half of one transferable common share purchase warrant. A full warrant allows the holder to acquire an additional share of the company at $0.45 per share, valid for 24 months from the issuance date.
The company is also planning a non-brokered private placement offering of up to 2,000,000 flow-through (“FT”) shares priced at $0.36, potentially generating up to $720,000 in gross proceeds.
Funds from the FT share sales will be used for eligible Canadian exploration expenses, qualifying as flow-through mining expenditures as defined in the Income Tax Act (Canada). These expenditures relate to the company’s projects in Canada. The company said that all qualifying expenditures will be renounced in favor of the FT unit subscribers by December 31, 2026. Exploration on the Toodoggone projects in British Columbia will be the destination of these proceeds.
According to Canadian Securities Exchange regulations, finders’ fees of up to 10% may be applied to both private placements. All securities issued under these offerings will be subject to a four-month and one-day hold period, adhering to applicable securities legislation requirements.
Company directors and officers may participate in the private placement, which would be classified as a related party transaction under Multilateral Instrument 61-101. The company anticipates that such participation will be exempt from the formal valuation and minority shareholder approval requirements outlined in MI 61-101.
Hi-View Resources Inc. is focused on advancing its portfolio of gold, silver, and copper assets in British Columbia’s Toodoggone region. The company’s projects, which are 100% owned or under option, encompass over 27,791 hectares. These include the Lawyers East Project, the Borealis Project, and the Golden Stranger Project.
Additional assets in the portfolio include the Nub and Saunders properties. The Northern Claims and Harmon Peak properties remain under active option agreements. The company also has an additional 1,300 hectares under mineral claim application.
R. Nick Horsley, CEO, provided the corporate update on behalf of the Board of Directors.
Source: Hi-View Resources Inc.
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