Home > Boards > US OTC > Mining/Resources > Novamind Inc. (NVMDF)

Hinterland Closes Private Placement for $505,200

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
otterman Member Profile
Followed By 50
Posts 15,106
Boards Moderated 0
Alias Born 02/03/04
160x600 placeholder
otterman   Wednesday, 11/23/11 11:24:24 AM
Re: None
Post # of 132 
Hinterland Closes Private Placement for $505,200

Friday, September 30, 2011

VAL D'OR, QUEBEC--(Marketwire - Sept. 30, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) has closed a non-brokered private placement for gross proceeds of $505,200 through the issue of 3,368,000 flow-through shares at a purchase price of $0.15 per flow-through share. As part of the private placement, an officer of the Company subscribed for $9,900. The securities sold under the private placement were issued pursuant to exemptions from the prospectus and registration requirements of applicable securities laws, subject to the receipt of necessary regulatory approvals, and to a four month hold period ending January 31, 2012. The Company paid finder's fees of $28,638 in cash. The proceeds from the private placement will be used by Hinterland to advance its exploration projects within Quebec.

Follow Hinterland on:

Facebook: http://www.facebook.com/hinterlandmetals
Twitter: http://twitter.com/hinterland_hmi
Youtube: http://www.youtube.com/user/HinterlandMetals
Flickr: http://www.flickr.com/photos/hinterlandmetals/
Shares Issued 24,094,614


Mark Fekete
Toll Free 1-877-874-8182

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.


"Bad news is an investors best friend. Its lets you buy a slice of America's future at a marked-down price."

Warren Buffet

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences