Huldra Silver Closes Offering

By Midnight Trader,  June 29, 2012, 10:24:50 AM EDT

Huldra Silver Inc. (HDA.V) has raised aggregate gross proceeds of $4,164,000 by way of a brokered private placement of 1,225,000 common shares at $1.08 per Share and 2,367,500 flow-through common shares at $1.20 per Flow-Through Share. The Offering was completed pursuant to an agency agreement dated June 29, 2012 among Huldra and National Bank Financial Inc., Bayfront Capital Partners Ltd. and Pope & Company Limited.

Huldra is currently working on plans to put its Treasure Mountain Mine, located 3 hours east of Vancouver, BC, into development, subject to permitting and financing, utilizing a mill being constructed at the Company's mill property outside of Merritt, BC.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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