Hinterland Closes Private Placement for $505,200
(firmenpresse) - VAL D'OR, QUEBEC -- (Marketwire) -- 09/30/11 -- Hinterland Metals Inc. (TSX VENTURE: HMI) has closed a non-brokered private placement for gross proceeds of $505,200 through the issue of 3,368,000 flow-through shares at a purchase price of $0.15 per flow-through share. As part of the private placement, an officer of the Company subscribed for $9,900. The securities sold under the private placement were issued pursuant to exemptions from the prospectus and registration requirements of applicable securities laws, subject to the receipt of necessary regulatory approvals, and to a four month hold period ending January 31, 2012. The Company paid finder's fees of $28,638 in cash. The proceeds from the private placement will be used by Hinterland to advance its exploration projects within Quebec.
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Shares Issued 24,094,614
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Contacts:
Mark Fekete
President
Toll Free 1-877-874-8182
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Datum: 30.09.2011 - 20:35 Uhr
Sprache: Deutsch
News-ID 71482
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Town:
VAL D'OR, QUEBEC
Kategorie:
Mining & Metals
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