New Issue: Hathor Exploration wraps C$8 million shares sale; greenshoe fully exercised

By Devika Patel

Knoxville, Tenn., Nov. 20 - Hathor Exploration Ltd. said it has completed a C$8 million private placement of stock. The deal priced for C$6 million with a C$2 million greenshoe on Nov. 5.

The company sold 2,581,500 flow-through common shares at C$3.10 per share.

The deal was conducted by a syndicate of agents led by Salman Partners Inc. and including HSBC Securities (Canada) Inc., Cormark Securities Inc., Raymond James Ltd., and J.F. Mackie & Co. Ltd.

Proceeds will be for exploration.

Hathor is a resource exploration company based in Vancouver, B.C.

Issuer:	Hathor Exploration Ltd.
Issue:	Flow-through common shares
Amount:	C$8,002,650
Shares:	2,581,500
Price:	C$3.10
Warrants:	No
Agents:	Salman Partners Inc. (lead), HSBC Securities (Canada) Inc., Cormark Securities Inc., Raymond James Ltd., and J.F. Mackie & Co. Ltd
Pricing date:	Nov. 5
Settlement date:	Nov. 20
Stock symbol:	TSX Venture: HAT
Stock price:	C$2.29 at close Nov. 4

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