Happy Creek Minerals Limited: Announces a Private Placement Financing
06.05.2015 | The Newswire
Vancouver, May 6, 2015 - 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 $150,000.00 through the sale of up to 1.0 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 three years after closing at an exercise price of twenty cents.
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 conduct geological work on its properties 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:
Happy Creek Minerals Ltd.
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.
Copyright (c) 2015 TheNewswire - All rights reserved.