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[posting]40245979[/posting] TORONTO, ONTARIO--(Marketwire - Oct. 1, 2010) - Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) (the "Company") announces that due to increased demand and the potential for an accelerated drill program at its West Red Lake Project Ontario, the Company has agreed to further increase the size of the non brokered private placement previously announced on September 29th, 2010. The private placement will now comprise of up to 1,800,000 units ("Units") for total gross proceeds of up to $450,000. The terms of the Units remain unchanged, at a price of $0.25 per Unit. Each Unit comprises one common share of the Company and one common share purchase warrant ("Warrant"). Each Warrant is exercisable to acquire one additional common share of the Company for two years at a price of $0.35 per share. Proceeds from the Private Placement will be used for exploration of the Company's properties. A finders fee is payable on a portion of this placement. The completion of the financing is subject to receipt of all applicable regulatory approvals and consents, including the approval of the TSX Venture Exchange. ON BEHALF OF THE BOARD |
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| aus der Diskussion: | Halo Resources Kupfer-Zink-Silber-Gold Teil 2 Halo schon bald Produzierender Rohstoff Explorer |
| Autor (Datum des Eintrages): | Robert023 (01.10.10 12:06:52) |
| Beitrag: | 37 von 557 (ID:40247503) |
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