Mr. Michael Dake reports
HEARTFIELD ANNOUNCES CLOSING OF PRIVATE PLACEMENT
Heartfield Mining Corp. has closed its non-brokered private placement offering for gross proceeds of $35,000. In connection with completion of the offering, the company issued 875,000 units at a price of four cents per unit. Each unit consists of one common share and one common share purchase warrant entitling the holder to acquire a further common share of the company at a price of 10 cents per share until May 5, 2025.
The proceeds of the placement will be used by the company for general working capital purposes. No finders' fees or commissions were be paid in connection with the completion of the offering and all securities issued in the offering will be subject to a four-month-and-one-day statutory hold period until Sept. 6, 2023.
We seek Safe Harbor.
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