On August 25, 2020, Hemlo Explorers Inc. (“Hemlo”, or the “Company”) (TSXV: HMLO) announced the final closing of its non-brokered private placement offering of units (“Units”) for gross proceeds of $3,500,000.
Each Unit consisted of one common share in the capital of the Company and one-half of one common share purchase warrant.
Hemlo is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. It is the largest claim holder in the Hemlo mining district.
Hemlo was represented by WeirFoulds LLP, with a team consisting of Rob Eberschlag and Alvin Yau.
WeirFoulds is pleased to have assisted Hemlo with this offering.
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