Business
Hunt Mining Closes Financing for $11,540,250
Jun. 14, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERV...
About this update from Patagonia Gold Corp
[{"type":"text","content":"\n\n\n Jun. 14, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR\n DISSEMENATION IN THE UNITED STATES/\n\n\nLIBERTY LAKE, WA, June 14, 2011 /CNW/ - Hunt Mining Corp. ("Hunt Mining" or "the Company") (TSX-V: HMX) is pleased to announce that it has completed its previously announced\n bought deal private placement with Macquarie Capital Markets Canada\n Ltd. ("Macquarie"). The Company has issued 25,645,000 units of the Company (the "Units") at an issue price of $0.45 per Unit (the "Unit Price"), including the full exercise of the underwriter's option granted to\n Macquarie, for aggregate gross proceeds of $11,540,250 (the "Offering").\n\n\nEach Unit is comprised of one common share and one-half of one common\n share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one additional\n common share of the Company at a price of $0.65 per common share for a\n period of 24 months from the closing date.\n\n\nThe Units issued in connection with the Offering are subject to a four\n month and one day statutory hold period pursuant to applicable\n securities legislation, which expires on October 15, 2011.\n\n\nThe Company intends to use the net proceeds from the Offering for\n exploration and development work at the Company's properties in the\n Deseado Massif precious metal region of Santa Cruz,...