Hana Mining Ltd. Announces Closing of Bought-Deal Private Placement
Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH)reported that it has closed a bought-deal private placement for gross proceeds of $24,150,000 by the issuance of 11,500,000 common shares of the Company at a price of $2.10 per share.
Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH)reported that it has closed a bought-deal private placement for gross proceeds of $24,150,000 by the issuance of 11,500,000 common shares of the Company at a price of $2.10 per share.
The press release is quoted as saying:
The Ghanzi Project is located in the center of the Kalahari copper belt in northwestern Botswana. The Ghanzi property covers 2,169 sq. km., and contains sediment-hosted copper-silver deposits with a demonstrated cumulative tested strike length of 37.6 kilometres.