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    Eagle Hill and Laurentian Bank Securities to Carry Out Private Placement

    Investing News Network
    Aug. 28, 2012 02:30PM PST
    Gold Investing

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

    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

    See this press release on Marketwire
    Click here to see the Eagle Hill Exploration (TSXV:EAG) profile

    private placementlaurentian bank securitiestsxv:eag
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