Hondo files $50 million shelf for stock, preferreds and debt

By Devika Patel

Knoxville, Tenn., Dec. 14 - Hondo Minerals Corp. filed a $50 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, warrants and debt securities.

The securities may be structured as convertibles.

Proceeds will be used for working capital and general corporate purposes.

Hondo is a development-stage mining company based in Chloride, Ariz.

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