New Issue: Hathor Exploration prices C$6 million private placement of shares

By Devika Patel

Knoxville, Tenn., Nov. 5 - Hathor Exploration Ltd. said it arranged a C$6 million private placement of stock.

The company will sell 1,935,500 flow-through common shares at C$3.10 per share.

The deal is being conducted by a syndicate of agents led by Salman Partners Inc. The underwriters have a greenshoe for an additional C$2 million.

Proceeds will be used for exploration.

Hathor is a resource exploration company based in Vancouver, B.C.

Issuer:	Hathor Exploration Ltd.
Issue:	Flow-through common shares
Amount:	C$6,000,050
Greenshoe:	C$2,002,600
Shares:	1,935,500
Price:	C$3.10
Warrants:	No
Agent:	Salman Partners Inc. (lead)
Pricing date:	Nov. 5
Stock symbol:	TSX Venture: HAT
Stock price:	C$2.29 at close Nov. 4

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