Happy Creek Completes Private Placement Financing
23 Maggio 2014 - 1:14AM
Access Wire
Vancouver, British Columbia / ACCESSWIRE / May
22, 2014 / Happy Creek Minerals Ltd. (TSX-V:HPY, the
"Company") announces it has completed a non-brokered
financing.
The Company has completed a non-brokered private
placement with gross proceeds of $500,400 through the sale of
3,336,000 Units at a price of fifteen cents per Unit. Each Unit
consists 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.
A finders' fee of $5,250 was payable in connection with
certain subscriptions under the private placement, in accordance
with TSX Venture Exchange policies.
The shares underlying the Units and
any shares acquired on exercise of the Warrants will be subject to
resale restrictions until September 22, 2014.
The
proceeds from the private placement will be used
by the Company to continue preparations
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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