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.
To learn more about our Securities Practice Group or to contact one of our securities lawyers, visit our securities overview page.