Gold Hunter Resources Inc. Completion of the Initial Public Offering and Listing on the CSE
Leede Jones Gable Inc. (the “Agent”) has been paid a cash commission equal to 9.0% of the gross proceeds from the sale of the Common Shares pursuant to the IPO, together with a cash corporate financefee. Additionally, the Company has granted compensation options to the Agent entitling it to purchase up to 517,500 common shares at an exercise price of $0.15 per common share, exercisable on or beforeFebruary 11, 2023. The Company currently has16,550,000common shares issued and outstanding.
The Company’s common shares are listed on the Canadian Securities Exchange (“CSE”) and will begin trading on the CSE under the symbol “HUNT” on Friday, February 12, 2021.
About the Company
The Company is engagedin acquisition, exploration and development of mineral property assets in Canada. The Company’s objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Cameron Lake East Project.
The Issuer’s sole property is the Cameron Lake East Project, located inthe Kenora Mining Division of northwestern Ontario, 75 km southeast of the town of Kenora. For more information, please refer to the Company’s Prospectus datedJanuary 21, 2021 available on SEDAR (www.sedar.com), under the Company’s profile.
ON BEHALF OF THE BOARD OF DIRECTORSs
“Richard Macey”
Richard Macey, President, Chief Executive Officer and Director
The offered securities havenot been and willnot be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold in the United States or to “U.S. persons”, as such term isdefined in Regulation S underthe U.S. Securities Act, absent such registration or an applicable exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the offered securities in any jurisdiction.
THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.