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HARISTON CORP. ANNOUNCES PRIVATE PLACEMENT

 BURLINGTON, Ontario., Feb. 10 /PRNewswire/ -- Hariston Corp. (NASDAQ: HRSNF) (the "company") wishes to announce that the private placement of 803,255 units at a price of $4.30 per unit has now been completed. Each unit consists of one (1) share and one (1) non- transferable share purchase warrant exercisable for a period of two years, entitling the holder the right to purchase an additional share at a price of $4.30 if exercised in the first year and at a price of $5.00 per share if exercised in the second year.
 The chairman advises that the board is continuing to investigate new acquisition opportunities.
 -0- 2/10/93
 /CONTACT: Joseph Duggan, director of Hariston, 416-639-9998/
 (HRSNF)


CO: Hariston Corp. ST: Ontario IN: SU:

JB-LS -- LA034 -- 5414 02/10/93 18:02 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:PR Newswire
Date:Feb 10, 1993
Words:134
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