- Hanstone Gold (HANS) has announced a non-brokered private placement
- The Vancouver-based resource company will issue up to 2,000,000 flow-through units
- The company expects to raise $500,000 worth of aggregate gross proceeds
- The flow-through units will be priced at $0.25 per unit
- Hanstone Gold is unchanged, trading at $0.16 at 12:36 p.m. ET
Hanstone Gold (HANS) has announced a non-brokered private placement for gross proceeds of $500,000.
The Vancouver-based company will issue up to 2,000,000 flow-through units priced at $0.25 per unit.
Hanstone will pay finder’s fees of $1,750 and will issue 7,000 non-transferable compensation options.
Proceeds from the offering will be used for the company’s Doc and Snip North projects.
The offering remains subject to the approval of the TSX Venture Exchange.
Hanstone Gold is a precious and base metals explorer with its current focus on the Doc and Snip North Projects optimally located in the heart of the mineralized area of British Columbia known as the Golden Triangle.
Hanstone Gold is unchanged, trading at $0.16 at 12:36 p.m. ET.