Deer Horn Announces Non-Brokered Private Placement
March 30 2020 - 8:30AM
Deer Horn Capital Inc. (CSE: DHC) (the “Company” or “Deer Horn”),
announces that it intends to raise up to $150,000 by way of a
non-brokered private placement of up to 2,500,000 units at a price
of $0.06/unit. Each unit consists of one common share and one
common share purchase warrant exercisable at $0.10 per warrant
share for a period of two years following the close of the
offering. The Company may pay a finder’s fee consisting of
cash, shares and/or warrants to eligible finders as permitted under
applicable securities laws and CSE policies.
Proceeds from this offering will be used for
general corporate purposes.
About Deer Horn CapitalDeer Horn
Capital’s unique business model is to generate revenue and value
through mineral discovery, project development, project generation
and cooperative access to untapped mineral regions in First Nations
territory with sustainable exploration.
Our polymetallic Deer Horn Project in British
Columbia anchors a diversified search for metals, working in
alliance with First Nations, NGOs, governments and leading metals
buyers. We believe this is the future of mineral exploration:
generating revenue by exploring responsibly and leveraging diverse
partnerships.
On behalf of
the board of directors of |
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For further
information please contact: |
Deer Horn Capital Inc. |
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Tyrone Docherty |
“Tyrone Docherty” |
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604.789.5653 |
Tyrone Docherty |
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tyrone@deerhorncapital.ca |
President and CEO |
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Neither the Canadian Securities Exchange
nor its regulations services accept responsibility for the adequacy
or accuracy of this release.
Forward-looking informationAll
statements included in this press release that address activities,
events or developments that the Company expects, believes or
anticipates will or may occur in the future are forward-looking
statements. These forward-looking statements involve numerous
assumptions made by the Company based on its experience, perception
of historical trends, current conditions, expected future
developments and other factors it believes are appropriate in the
circumstances. In addition, these statements involve substantial
known and unknown risks and uncertainties that contribute to the
possibility that the predictions, forecasts, projections and other
forward-looking statements will prove inaccurate, certain of which
are beyond the Company’s control. Readers should not place
undue reliance on forward-looking statements. Except as
required by law, the Company does not intend to revise or update
these forward-looking statements after the date hereof or revise
them to reflect the occurrence of future unanticipated event.
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