Hanstone Gold Corp. (TSXV: HANS) has revealed it it will conduct a non-brokered private placement to raise aggregate gross proceeds of $1,000,000.
The company intends to use the proceeds from the Offering for its ongoing exploration drilling programme, working capital requirements and other general corporate purposes.
The company estimates that approximately $500,000 will be raised through the sale of Units and approximately $500,000 will be raised through the sale of FT Units, if the maximum Offering is completed.
About Hanstone Gold
Hanstone 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.
For further information please visit: https://www.hanstonegold.com/