Yankee Hat Announces $1M Private Placement.VANCOUVER, British Columbia -- YANKEE HAT MINERALS LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:KHT KHT, n.pr See therapy, Koryo hand. ) is pleased to announce that it is negotiating a non brokered private placement of up to 6,666,667 Million units at $0.15 per unit for gross proceeds of up to $1 M. Each unit will consist of one common share and one half share purchase warrant entitling the holder of each whole warrant to purchase one additional share of the Company at $0.30 within 6 months from closing. Finders' fees will be paid in accordance with regulatory policy. The placement is subject to regulatory approval. The net proceeds will be used to fund continuing drilling and exploration on its gold and uranium exploration properties and general working capital. About Yankee Hat Minerals Ltd. The Company is actively exploring the Fran Property, a gold property near Placer Dome's Mt. Milligan deposit in central British Columbia; and the Shanghai Creek Project, a gold target within the Tintina Gold Belt - near Stratagold's Aurex and Dublin Gulch projects in the Yukon Territory. In addition the Company has two uranium projects, the Thelon Basin Property located in Northern Saskatchewan and the Lever Lake IOCG IOCG Iron Oxide Copper Gold IOCG International Organization for Crystal Growth property in NWT NWT or N.W.T. abbr. Northwest Territories NWT Northwest Territories (of Canada) . ON BEHALF OF THE BOARD Donald Gee C.A., President and Chief Executive Officer This news release has been prepared by management. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking statements. We seek safe harbor. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this news release. Yankee Hat Minerals Ltd. (TSX VENTURE:KHT) |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion