New Issue: Hy Lake Gold raises C$1.77 million in private placement of stock

By Devika Patel

Knoxville, Tenn., Jan. 3 - Hy Lake Gold Inc. settled a C$1.77 million non-brokered private placement of shares on Dec. 28.

The company sold 2,523,915 flow-through shares at C$0.70 each.

The company will pay a 7% cash finder's fee for the deal.

Toronto-based Hy Lake Gold is a junior gold mining and exploration company.

Issuer:	Hy Lake Gold Inc.
Issue:	Flow-through shares
Amount:	C$1,766,741
Shares:	2,523,915
Price:	C$0.70
Warrants:	No
Agent:	Non-brokered
Fees:	7%
Settlement date:	Dec. 28
Stock symbol:	CNQ: HYLK
Stock price:	C$0.87 at close Jan. 3

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