Fenster schließen  |  Fenster drucken

Houston Lake Mining Announces $150,000 Financing

Sudbury, Ontario CANADA, March 13, 2013 /FSC/ - Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTC_Pink),is a mining exploration company which is actively exploring for the rare metals lithium, cesium, tantalum, and rubidium by currently focusing on its 100% owned and optioned PAK Rare Metals Project in northwestern Ontario, Canada. HLM is proposing a non-brokered private placement offering of up to a maximum of 2,500,000 common shares ("Common Shares") of the Company.

The Common Shares are to be issued under a unit offering whereby up to a maximum of 2,500,000 units ("Units") at a subscription price of $0.06 per Unit are to be offered. Each Unit shall consist of one (1) Common Share of the Company and one (1) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional common share of HLM at an exercise price of $0.10 for a 24 month period from closing (the "Offering").

All of the Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. Completion of the private placement is subject to the final approval of the TSX Venture Exchange. Proceeds from the financing will be used to advance Houston Lake's 100% owned and optioned PAK Rare Metals project located in northwestern Ontario, and for general working capital purposes.
 
aus der Diskussion: Das Miner ÜBEL-Wann hört die massenhafte Verwässung auf!!!!???
Autor (Datum des Eintrages): dosto  (21.03.13 12:34:33)
Beitrag: 115 von 206 (ID:44281150)
Alle Angaben ohne Gewähr © wallstreetONLINE