Hawthorne Gold Closes $2.36 Million Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Nov. 13, 2008) -
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Hawthorne Gold Corp. (”Hawthorne” or the “Company”) (TSX VENTURE:HGC) announces it has closed its $2,357,500 brokered private placement (the “Offering”). The Offering consisted of 11,787,500 flow through common shares (the “FT Shares”) priced at $0.20 per FT Share. J.F. Mackie & Company Ltd. (the “Agent”) acted as the agent for the Offering. The FT Shares were made available by way of private placement exemptions in the provinces of British Columbia, Alberta, Saskatchewan and Ontario. Insiders of the Company participated in the Offering and purchased 50,000 FT Shares.
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