The bashers are out in force eh?Looks like this ammer-deus5 guy has you guys square in his agenda for certain.
Anyway, congrats on that financing agreement with the Mineralfields Group.
Hi Ho Silver Resources Inc. (“Hi Ho Silver” or the “Company”) is pleased to announce that further to its news release dated February 1, 2008, the Company has agreed to a non-brokered private placement of
$1,400,000 with the MineralFields Group, which has agreed to subscribe for 2,000,000 units at $0.70 per unit, subject to the Company securing a listing of its shares on either the TSX or the TSXV stock exchange. Each unit consists of one common share of the Company and one-half of one non-transferable share purchase warrant, whereby each whole warrant entitles the holder to purchase an additional common share at a price of $0.90 per share for a one year period following closing. The shares comprising the units will be
issued on a flow-through basis. Proceeds from this financing will be used for ongoing exploration on the Company’s mineral exploration properties.