Hanstone Gold Corp. announced a non-brokered private placement of 1,395,000 units at a price of CAD 0.20 per unit for gross proceeds of CAD 279,000, and 1,974,000 flow-through common shares at a price of CAD 0.25 per flow-through shares for gross proceeds of CAD 493,500, for aggregate proceeds of CAD 772,500 on December 22, 2021. Each unit will be comprised of one common share and one common share purchase warrant of the company, with each warrant exercisable to acquire one common share at a price of CAD 0.30 per share for a period of 12 months from the date of issuance, provided that if the Common Shares trade at or above CAD 0.40 per share for 10 consecutive trading days, then the expiry date of the Warrants will be automatically accelerated to the date that is 30 days after the date. The transaction is subject to the receipt of the approval of the TSX Venture Exchange. The securities issued under the Offering will be subject to a four month hold period expiring April 24, 2022. The transaction is expected to close on about December 23, 2021. In connection with closing, the Company will pay finders fees of CAD 7,350 and will issue 31,150 non-transferable compensation options.