Hunt Mining Closes Non-Brokered Private Placement Offering
LIBERTY LAKE, WASHINGTON--(Marketwired - Nov 4, 2014) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX) announces its has closed its previously announced non-brokered private placement offering, in accordance with the TSX Venture Exchange's notice to issuers dated April 7, 2014, and Aug. 17, 2012.
The private placement resulted in aggregate gross proceeds of $500,000, of which $465,000 was received from related parties. The private placement consisted of the issuance of 25 million units at two cents per unit, with each unit consisting of one common share and one common share purchase warrant. Each whole share purchase warrant shall entitle the holder to purchase one common share at a price of five cents, exercisable for a period of 12 months.
All securities issued under the private placement are subject to a four-month and one day hold period from the date of closing. Final acceptance from the TSX-V is expected shortly.
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
Contact
Hunt Mining Corp.
Bob Little
Chief Financial Officer
(509) 290 5659
blittle@huntmining.com
www.huntmining.com
Hunt Mining Corp.
Dean Stuart
Investor Relations
(403) 517 2270
dstuart@huntmining.com
www.huntmining.com