Crescat Capital’s Renewed Confidence Fuels Goliath’s Warrant Proceeds—MUX Stands Out as a Strategic Stakeholder
Strategic Warrant Exercises Bring $1.73M in Fresh Capital
In a major show of confidence, Goliath Resources just secured $1,730,882 from the exercise of warrants by cornerstone investors, including Crescat Capital. This influx arrives as Goliath is gearing up for another large drilling campaign in British Columbia’s Golden Triangle, one of Canada’s richest mining regions. Notably, McEwen Mining (NYSE:MUX) remains among the influential strategic shareholders with a stake in Goliath, aligning itself with fellow industry leaders such as Crescat and Waratah Capital Advisors.
The latest round of warrant exercises leaves Goliath with 2,590,673 warrants outstanding, priced at $2.50 and expiring March 2026—all held by a single long-term strategic investor. An additional 841,777 finder warrants (average strike $2.59) will expire in 2027. This activity signals deep-rooted support from key players betting on further project growth.
| Investor | Recent Warrant Proceeds | O/S Warrants (Investor) | Warrant Expiry |
|---|---|---|---|
| Crescat Capital & Cornerstones | $1,730,882 | 2,590,673 | Mar 2026 ($2.50) |
| Finder Warrants | - | 841,777 | 2027 ($2.59 avg) |
Crescat and MUX Anchor Investor Confidence for Goliath
Crescat Capital has been a committed backer of Goliath since 2020, with CEO Kevin C. Smith publicly reasserting his faith in the company’s management and technical team. His comments underline a conviction that Goliath’s Surebet discovery has only become more compelling with time—and that the best may be yet to come with the possibility of a gold-bearing magmatic source being identified nearby.
The role of McEwen Mining, ticker MUX—one of Goliath’s cornerstone shareholders—strengthens the narrative that established industry names see the Surebet discovery and the broader Golddigger property as high-potential assets. For Goliath, support from a roster that includes MUX, Crescat, and other sector heavyweights is more than just a vote of confidence: it provides the capital stability and strategic guidance often needed to advance from exploration success to development milestone.
High Recovery Rates and Infrastructure Put Goliath On Solid Ground
Goliath’s Surebet project boasts gravity and flotation gold recoveries of 92.2%, with nearly half of the gold recoverable via gravity alone. The project’s proximity to infrastructure—access roads, power, and permitted mill sites—lowers future development hurdles, making it more attractive to partners and investors alike. With 64,364 meters drilled in the 2025 campaign and up to 70 additional drill assays pending, Goliath is positioned for data-driven progress heading into its next phase.
Key Players Table: Who’s Backing Goliath?
| Key Strategic Investors | Notable Attributes |
|---|---|
| Crescat Capital | Multi-disciplinary hedge fund, active in precious metals |
| McEwen Mining (MUX) | NY and Toronto-listed mining company, known for high-impact projects |
| Waratah Capital Advisors | Commodities-focused investment firm |
| Rob McEwen, Eric Sprott, Larry Childress | Renowned investors and mining sector veterans |
Takeaway: MUX and Crescat’s Support Could Be a Signal for Further Upside
It’s not often you see this level of coordinated strategic support—financial and reputational—for an explorer in the high-risk mining space. With $1.73 million in fresh funding and experienced hands on deck (including MUX and Crescat), Goliath seems well set to advance its Golden Triangle ambitions. For those watching the mining sector, this could be a sign to keep an eye on the company’s next moves, especially as further drill results come in and infrastructure advantages begin to pay off.
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