Eagle Hill and Laurentian Bank Securities to Carry Out Private Placement

Eagle Hill Exploration (TSXV:EAG) announced a new private placement with Laurentian Bank Securities for gross proceeds of up to $3million.

As quoted in the press release:

The Company will pay the Agent a cash fee equal to 7% of the gross proceeds raised in connection with the Financing. In addition, the Agents will receive agent’s warrants equal to 7% of the Shares issued. Each Agent’s Warrant allows the Agent to acquire one common share of Eagle Hill for a purchase price of C$0.175 per share exercisable for 18 months after the closing date.

Click here to read the Eagle Hill Exploration (TSXV:EAG) press release

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