- Hanstone Gold Corp. (HANS) has closed its previously announced non-brokered private placement
- Under the private placement, Hanstone raised aggregate gross proceeds of $500,000
- The offering consisted of 2,000,000 “flow-through” (FT) units of the company at a price of $0.25 per unit
- The securities issued are subject to a four-month hold period expiring August 27, 2022
- Hanstone is a precious and base metals explorer
- Hanstone Gold Corp. (HANS) opened trading at C$0.15 per share
Hanstone Gold Corp. (HANS) has closed its non-brokered private placement for gross proceeds of $500,000.
The offering consisted of 2,000,000 “flow-through” (FT) units of the company at a price of $0.25 per unit.
Each FT Unit consists of one “flow-through” common share of the company and one common share purchase warrant. Each warrant is exercisable for one additional common share at a price of $0.30 until April 26, 2023.
The company paid finder’s fees of $1,750 and issued 7,000 non-transferable compensation options, each entitling the holder thereof to purchase one common share at an exercise price of $0.30 until April 26, 2024.
The securities issued are subject to a four-month hold period expiring August 27, 2022.
Hanstone 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 prolific mineralized area of British Columbia known as the Golden Triangle.
Hanstone Gold Corp. (HANS) opened trading at C$0.15 per share.