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TORONTO, ONTARIO--(Marketwired - June 21, 2013) - Hornby Bay Mineral Exploration Ltd. (the "Company") (TSX VENTURE:HBE) announces that it has closed a non-brokered private placement (the "Offering") consisting of 1,000,000 flow-through units (the "FT Units") of the Company at a price of $0.10 per FT Unit, for aggregate gross proceeds of $100,000. The Company plans to use the proceeds of the Offering to upgrade the camp at its Nunavut Properties to comply with environmental regulations. |