Golden Goliath Resources Ltd. announced a non-brokered private placement of combination of flow-through units at a price of CAD 0.12 per unit and non flow-through units at a price of CAD 0.10 per unit for the aggregate gross proceeds of CAD 400,000 on July 14, 2023. Each full warrant will entitle the holder to purchase an additional common share at a price of CAD 0.20 for a period of 24 months from the date of closing. The units will be subject to a statutory hold period of four months and a day from the closing date of the offering.

The company may pay a finder's fee on a portion of the gross proceeds of the transaction. The transaction is subject to the approval of regulatory authorities.