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Happy Creek Minerals Ltd. (TSXV: HPY) is pleased to announce that it has negotiated a non-brokered private placement of up to $2,600,000 through the sale of up to 7,000,000 flow-through units (“FT Units”) at a price of $0.30 per FT Unit and 2,000,000 non flow-through units (“NFT Units”) at a price of $0.25 per NFT Unit.
Each FT Warrant will entitle the holder to purchase one additional non flow through common share of the Company for a period of 18 months after closing at an exercise price of $0.40.
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