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HARISTON CORP. ENTERS PRIVATE PLACEMENT

 VANCOUVER, British Columbia, Aug. 12 /PRNewswire/ -- Hariston Corp. (NASDAQ: HRSNF) (the "company") announces that it has entered into a private placement agreement to sell 250,000 units at the price of $7.50 per unit. Each unit shall consist of one share and one non-transferable share purchase warrant granting the holder thereof the right to purchase one additional share at the price of $8.00 until Aug. 11, 1994, and $8.50 until Aug. 11, 1995.
 A commission of 10 percent will be paid on the private placement. The funds will be used for general working capital and to finance the growth of the company.
 -0- 8/12/93
 /CONTACT: Joseph J. Duggan, chairman of Hariston, 604-224-4323/
 (HRSNF)


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

JB-MF -- LA035 -- 2349 08/12/93 18:27 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
Words:135
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