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| Home : Hunter Bay Minerals Closes Final Tranche of Previously Announced $1.25 Million Financing |
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Apr 11
2013 |
Hunter Bay Minerals Closes Final Tranche of Previously Announced $1.25 Million Financing |
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LONDON, UNITED KINGDOM--(Marketwired - April 10, 2013) - Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE:HBY)(OTCQX:HTBNF) is pleased to announce that it has closed the final tranche of its private placement financing announced on January 3, 2013 and March 19, 2013 by issuing to Sumin Resources Limited ("Sumin") 1,430,000 units at a price of $0.10 per unit for gross proceeds of $143,000. Each unit consists 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 $0.10 per Share until October 10, 2013. The securities issued will be subject to a hold period expiring on August 11, 2013 pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchange. |
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| Source:http://www.marketwire.com/mw/release.do?id=1777602&sourceType=3 |
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