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Yankee Hat
Announces Non-Brokered Private Placement
November 29th, 2007
Mr. Brad Kitchen reports
Yankee Hat
Minerals Ltd. (the “Company” or “Yankee Hat” TSX-V:KHT) announces that it intends to
complete a non-brokered private placement, subject to regulatory approval,
to raise up to $1,000,000, comprised of 6,666,667 units, priced at $0.15
per Unit (the “Offering”).
Each Unit consists of
one Common Share and one half (1/2) Share Purchase Warrant with one full
Share Purchase Warrant required to purchase one common share at a price of
$0.22 per share for up to one year from the date of closing. Finder’s
fees may be paid in connection with the offering.
The
Company intends to use the net proceeds of the offering for exploration and
development expenses on the Company’s projects and for general
working capital.
About Yankee Hat Minerals Ltd.
Yankee Hat’s goal
is to combine its expertise in property evaluation and mineral exploration,
with its financial acumen, to exploit undervalued gold properties in North
and South America.
ON BEHALF OF
THE BOARD
“Brad
Kitchen”
Brad Kitchen
President and Director
For more information
please visit the company website at: http://www.yankeehatminerals.com
Or contact investor
relations at;
Michael
D’Amico
Ryan Fletcher
Bay Street
Connect
Yankee Hat Minerals Ltd.
(647)
500-6023
877-646-0049
michael@baystreetconnect.com info@yankeehatminerals.com
This news release has been prepared by management. The TSX Venture
Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this news release. This document contains certain
forward looking statements which involve known and unknown risks, delays,
and uncertainties not under the Company’s control which may cause
actual results, performance or achievements of the Company to be materially
different from the results, performance or achievements implied by these
forward looking statements. We seek safe harbour.
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