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HARISTON CORP. ANNOUNCES PRIVATE PLACEMENT

 VANCOUVER, British Columbia, April 6 /PRNewswire/ -- Hariston Corporation (NASDAQ: HRSNF) (the "company") announces that it has entered into a private placement to sell 377,358 units at $5.30 per unit. Each unit shall consist of one share of the company and one non-transferable share purchase warrant granting the holder thereof the right to purchase one additional share:
 (a) at a price of $6.25 per share in the first year; and
 (b) at a price of $6.55 per share in the second year
 A commission of 10 percent will be paid on the private placement. The funds to be received from the private placement will be used for general working capital and to finance the growth of the company.
 -0- 4/6/93
 /CONTACT: Joseph J. Duggan, director of Hariston, 604-224-4323/
 (HRSNF)


CO: Hariston Corp. ST: British Columbia IN: SU:

EH -- LA024 -- 3528 04/06/93 15:42 EDT
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Publication:PR Newswire
Date:Apr 6, 1993
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