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LONDON, UNITED KINGDOM--(Marketwire - Aug. 21, 2012) - Hunter Bay Minerals Plc ("Hunter Bay") (TSX VENTURE:HBY)(OTCQX:HTBNF) announces that it has amended the terms of its previous announced proposed private placement offering (see news release dated June 22, 2012). The offering will continue to be an offering of up to 10,000,000 units at a price of $0.20 per unit for gross proceeds of $2,000,000 (the "Offering"). However, each unit will now consist of one ordinary share ("Share") and one share purchase warrant ("Warrant"), with each Warrant entitling the holder to acquire one additional Share at a price of $0.20 per Share for a period of 6 months following the date of issue of the Warrants. |
