Halcones Precious Metals Closes Non-Brokered Offering

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Summary

Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.10 per Common Share for a period of 36 months following the date hereof.The Company plans to use the net proceeds of the Offering to continue the exploration work on its Polaris Project as well as for general corporate working capital purposes.Insiders of the Company participated in the Offering and were issued an aggregate of 2,571,428 Units. Each Finder Warrant entitles the holder to acquire one Common Share at a price of $0.07 for a period of 36 months following the date hereof. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Halcones does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article.

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