Hemlo Explorers Inc. announced a non brokered private placement to issue 2,941,176 flow-through shares at an issue price of CAD 0.085 per share for aggregate gross proceeds up to CAD 249,999.96 on November 21, 2024. Closing of the Offering is anticipated to take place on November 25, 2024. Any securities to be issued in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance.
The Company may pay finder?s fees on a portion of the Offering, subject to compliance with the policies of the Canadian Securities Exchange (?CSE?) and applicable securities legislation.