Goliath Resources Ltd. has successfully closed its bought deal private placement, raising gross proceeds of C$23,003,103. The offering involved the issuance of 7,256,500 Charity Flow-Through Shares at C$3.17 each. Stifel Nicolaus Canada Inc., along with CIBC World Markets Inc. and Cormark Securities Inc., acted as underwriters for the deal. The underwriters received a cash commission and common share purchase warrants as compensation. The proceeds from this offering are expected to support Goliath's ongoing projects and initiatives. The transaction is subject to final approval from the TSX Venture Exchange.
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