Hathor reports brokered private placement closes
Thu, Nov 20, 2008
Hathor Exploration Limited reports a brokered private placement with Salman Partners Inc., HSBC Securities (Canada) Inc., Cormark Securities Inc., Raymond James Ltd., and J.F. Mackie & Company Ltd. (the “Agents”), has closed.
A total of 2,581,500 flow-through common shares (the “FT Shares”), (which includes 646,000 FT Shares issuable upon exercise of an Over-Subscription Option) were sold at a price of $3.10 per FT Share.
The net proceeds will be used to fund further exploration of the Company’s Midwest Northeast Uranium property, Saskatchewan and other Canadian exploration properties.
For full details of this press release, click this link. To view Hathor’s company profile and latest video, click here. Follow developments in uranium mining and exploration for free.
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Tags: brokered private placement, common shares, FT shares, hathor exploration, Hathor Exploration Limited, midwest northeast uranium property, u3o8, uranium per pound, uranium sales, uranium sector
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