Houston Lake Mining Raises $800,000 in a Flow-Through Private Placement

Houston Lake Mining Inc., is pleased to report it has completed a $800,000 offering that will be used to continue exploration activities at its West Cedartree Gold Project in Ontario.

The funds were raised through the sale of 1,333,333 flow-through units priced at $0.60 per unit in a non-brokered private placement, subject to regulatory approval. Each unit consisted of one flow-through common share and one half of one common share purchase warrant. Each whole warrant is exercisable into one common share at an exercise price of $0.70 for 24 months from closing. read more

Source: Houston Lake Mining Inc