HTN Inc. (TSX VENTURE: HET) ("HTN" or the "Company") announces the closing of a
non-brokered private placement financing of 36,000,000 units (each a "Unit") at
$0.005 per Unit for gross proceeds of $180,000 (the "Financing"). Each Unit is
comprised of one common share and one non-transferable warrant (each a
"Warrant"). Each Warrant entitles the holder to purchase one common share at an
exercise price of $0.05 per share for 12 months following the date of the
closing. One director participated in Financing.


In connection with the Financing, the Company will pay eligible persons (the
"Finders") a finder's fee equal to 10% of the gross proceeds from the Units
placed by the Finder in Units (comprising 2,260,000 common shares and 2,260,000
Warrants), and also issue compensation warrants (each a "Compensation Warrant")
equal to 10% of the total number of Units placed through each Finder under the
Financing. Each Compensation Warrant entitles the holder to acquire one common
share of HTN for a period of 12 months from the closing date of the Financing at
an exercise price of $0.075.


The proceeds of the Financing will be used for settling company debt and working
capital; this includes approximately $85,000 in accounts payable for legal,
accounting, audit, public company, and general and administrative costs required
to maintain the existing operations; $35,000 to retire loans advanced by arm's
length parties; $10,000 for expenses related to completion of the Financing; and
$50,000 for general working capital purposes. None of the proceeds of the
Financing will be used to fund the purchase or pursuit of new business
operations or activities; or compensate, settle indebtedness with or otherwise
satisfy obligations to any person that is a related party of the Company.


The securities issued pursuant to the Financing will all be subject to a four
month regulatory hold period commencing from the date of closing. The Financing
is subject to TSX Venture Exchange acceptance of requisite regulatory filings.
Immediately following the closing of this financing, HTN has 140,677,577 common
shares issued and outstanding. 


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE,
OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE
COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE
FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS
ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN
RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY
MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
HTN Inc.
Michael Kraft
President & CEO
416.927.7003
416.927.1222 (FAX)
mkraft@buckinghamgrp.com

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