Published on 11/9/2009 in the Prospect News PIPE Daily.
New Issue: Hana Mining announces C$2.5 million private placement of equity units
By Devika Patel
Knoxville, Tenn., Nov. 9 - Hana Mining Ltd. said it plans a C$2.5 million non-brokered private placement of units.
The company will sell 4,545,455 units of one common share and one half-share warrant at C$0.55 apiece. Each whole warrant is exercisable at C$1.00 for 18 months.
Hana is a mineral exploration company based in Vancouver, B.C.
| Issuer: | Hana Mining Ltd.
|
| Issue: | Units of one common share and one half-share warrant
|
| Amount: | C$2.5 million
|
| Units: | 4,545,455
|
| Price: | C$0.55
|
| Warrants: | One half-share warrant per unit
|
| Warrant strike price: | C$1.00
|
| Warrant expiration: | 18 months
|
| Agent: | Non-brokered
|
| Pricing date: | Nov. 9
|
| Stock symbol: | TSX Venture: HMG
|
| Stock price: | C$0.68 at close Nov. 9
|
| Market capitalization: | C$26.8 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
