Happy Creek Announces a Private Placement Financing
09 Mai 2014 - 11:29PM
Access Wire
Vancouver, British Columbia /
ACCESSWIRE / May 9, 2014 / Happy Creek Minerals
Ltd. (TSX-V:HPY, the "Company") announces it intends to carry out a
non-brokered financing.
The Company is preparing to complete a
non-brokered private placement of up to $525,000.00 through the
sale of up to 3.5 million Units at a price of fifteen cents per
Unit. Each Unit will consist of one common share and one half of
one share purchase Warrant. Each whole Warrant will entitle the
holder to purchase one common share of the Company for a period of
one year after closing at an exercise price of twenty
cents.
Finders' fees may be payable in
connection with the private placement in accordance with TSX
Venture Exchange policies.
The private placement is subject to
TSX Venture Exchange acceptance. The shares underlying the units
and any shares acquired on exercise of the warrants will be subject
to resale restrictions.
The
proceeds from the private placement will be used by the Company to
continue preparations and government permitting requirements for
the exploration and drilling of primarily its Fox tungsten and
Highland Valley copper projects, and for general working
capital.
On behalf of the Board of
Directors,
"David E Blann"
____________________
David E Blann,
P.Eng.
President, CEO
FOR FURTHER INFORMATION PLEASE
CONTACT:
David Blann, President,
CEO
Corporate Office:
Phone: 604.662.8310
Email: Info@happycreekminerals.com
Website: www.happycreekminerals.com
Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
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