Hemlo Explorers Inc. is pleased to announce that it has closed its previously announced non-brokered private placement and has issued an aggregate of 27,100,000 units at an issue price of $0.05 per Unit and 12,900,000 "flow-through" shares at an issue price of $0.05 per FT Share for aggregate gross proceeds of $2,000,000. Each Unit is comprised of one common share and one Common Share purchase warrant , with each Warrant
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