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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 6, 2017) - Red Hut Metals Inc. (the "Company" or "Red Hut") (TSX VENTURE:ROB) announces that it has closed its part-and-parcel private placement, issuing 9,600,000 units (the "Units") at a price of $0.10 per Unit, for gross proceeds of $960,000. Each Unit is comprised of one share and one-quarter of one share purchase warrant ("Warrant") with each whole Warrant entitling the holder to purchase one share of Red Hut at a price of $0.25 per share for a period of one year. |
