Funds To Support Future Exploration Work
Hanstone Gold Corp. (TSXV: HANS) has closed the second and final tranche of its non-brokered private placement to raise gross proceeds of $438,210.
The company intends to use the net proceeds from the Offering for its ongoing exploration drilling programme, working capital requirements and other general corporate purposes.
In other news, Hanstone has retained Hybrid Financial Ltd to provide marketing services to the company. Hybrid has been engaged to heighten market and brand awareness for Hanstone and to broaden the company’s reach within the investment community. Hybrid has been re-engaged for an initial period of 12 months and then shall be renewed automatically for successive three month periods thereafter.
Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America.
The company has also renewed its agreement with Rayleigh Capital Ltd, which will provide investor relations and communication services to the Hanstone, Rayleigh Capital focuses on global investor relations for junior and small cap companies specialising at exposing companies to a wide audience of investment professionals.
Under a consulting services agreement dated as of August 18, 2021, Rayleigh Capital has been retained for a term of 12 months, from September 1, 2021 to August 31, 2022.
Hanstone Gold is a precious and base metals explorer with its current focus on the Doc and Snip North Projects optimally located in the heart of the prolific mineralised area of British Columbia known as the Golden Triangle. The Golden Triangle is an area which hosts numerous producing and past-producing mines and several large deposits that are approaching potential development.
The company holds a 100% earn in option in the 1,704-hectare Doc Project and owns a 100% interest in the 3,336-hectare Snip North Project. Hanstone has a highly experienced team of industry professionals with a successful track record in the discovery of gold deposits and in developing mineral exploration projects through discovery to production.
For further information please visit: https://www.hanstonegold.com/