New Issue: Canadian Gold Hunter plans placement of shares for C$8 million

By Devika Patel

Knoxville, Tenn., June 24 - Canadian Gold Hunter Corp. said it will conduct a non-brokered private placement of stock for C$8 million.

The company plans to sell 3.5 million common shares at C$2.00 apiece for C$7 million.

It also will sell 435,000 flow-through shares at C$2.30 per share for C$1 million.

Proceeds will be used for exploration.

Canadian Gold Hunter is a mining company based in Vancouver, B.C.

Issuer:	Canadian Gold Hunter Corp.
Issue:	Flow-through common shares, common shares
Amount:	C$8,000,500
Warrants:	No
Agent:	Non-brokered
Pricing date:	June 24
Stock symbol:	Toronto: CGH
Stock price:	C$1.87 at close June 23
Common shares
Amount:	C$7 million
Shares:	3.5 million
Price:	C$2.00
Flow-through shares
Amount:	C$1,000,500
Shares:	435,000
Price:	C$2.30

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