Golden Hope Closes 2nd and Final Tranche of Previously Announced Financing

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[{"type":"text","content":"Golden Hope Closes 2nd and Final Tranche of Previously Announced Financing(via Thenewswire.ca)\n\n \nMontreal, Quebec / TheNewswire / June 3, 2015 - Golden Hope Mines Limited, TSX-V: GNH; (the \"Company\" or \"Golden Hope\") announces it has received regulatory approval and closed its second and final tranche of a previously announced private placement. The Company has issued 900,000 units of common shares at a price of $0.10 per unit, for gross proceeds of $90,000 Each unit consists of one common share priced at $0.10 and a warrant to purchase a common share of the Company. Each warrant entitles its holder to purchase one common share of the Company at $0.25 for a 24-month period after closing of the private placement. \n\n \n \nThe total financing including the first tranche announced on May 5, 2015 is $220,800 or $20,800 more than originally announced. \n\n \n \nFrank Candido, a Director and President of the company, subscribed for $5,000 or 50,000 units.\n\n\n \nThe Company paid intermediary fees to First Republic Capital of $5,600, along with 8% compensation warrants or 56,000 broker warrants for a 24-month period following the closing of the private placement at $0.10 per compensation warrants. \n\n \n \nAll the securities issued under the private placement are subject to a mandatory hold period of four months plus one day following the closing of the private placement. \n\n\n \nThe net proceeds of the financing will be used for general working capital. \n\n\n \nThis news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements \n\n \n \nON BEHALF OF THE BOARD OF GOLDEN HOPE MINES LIMITED.\n\n \n \nFrank Candido\nPresident, Director\n\n \n \nWe seek saf...

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