Huntington terminates C$2 million private placement of equity units

Deal was to be conducted in sync with company’s planned acquisition

By Devika Patel

Knoxville, Tenn., Dec. 1 – Huntington Exploration Inc. said that due to unfavorable market conditions it has cancelled plans for its C$2 million non-brokered private placement of units.

The deal was to be conducted in connection with the company’s planned acquisition of Regency Metals Corp. and priced on Sept. 17.

Huntington explores for oil and natural gas and is based in Calgary, Alta.

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