| HUNT MINING CLOSES NON-BROKERED PRIVATE PLACEMENT OFFERING | |
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Liberty Lake, Washington, November 4, 2014 - Hunt Mining Corp. (the "Corporation") (TSX VENTURE: "HMX") announces its has closed its previously announced non-brokered private placement offering, in accordance with the TSX Venture Exchange's notice to issuers dated April 7, 2014, and Aug. 17, 2012.
The private placement resulted in aggregate gross proceeds of $500,000, of which $465,000 was received from related parties. The private placement consisted of the issuance of 25 million units at two cents per unit, with each unit consisting of one common share and one common share purchase warrant. Each whole share purchase warrant shall entitle the holder to purchase one common share at a price of five cents, exercisable for a period of 12 months.
All securities issued under the private placement are subject to a four-month and one day hold period from the date of closing. Final acceptance from the TSX-V is expected shortly.
For more information contact:
Bob Little
Chief Financial Officer
T: (509) 290 5659
Dean Stuart
Investor Relations
T: (403) 517 2270
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Hunt Mining Corp.
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DEVELOPMENT STAGE |
CODE : HMX.V |
ISIN : CA4456451042 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hunt Mining is a gold and silver exploration company based in United states of america. Hunt Mining holds various exploration projects in Argentina. Its main asset in development is BAJO POBRE in Argentina and its main exploration properties are EL TORDILLO / EL ALAZAN / EL OVERO, EL GATEADO, LA JOSEFINA, MENSON I, ALISIOS I and PAMPERO I in Argentina. Hunt Mining is listed in Canada. Its market capitalisation is CA$ 7.3 millions as of today (US$ 5.4 millions, € 4.9 millions). Its stock quote reached its highest recent level on July 22, 2011 at CA$ 0.69, and its lowest recent point on October 16, 2015 at CA$ 0.01. Hunt Mining has 63 590 000 shares outstanding. |