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Houston Lake Mining obtains private placement financing

Houston Lake Mining Inc. (TSX.V: HLM)announced a non-brokered private placement of 431,425 common. share units for net proceeds of $150,999.

 
Houston Lake Mining Inc. (TSX.V: HLM)announced a non-brokered private placement of 431,425 common.
share units for net proceeds of $150,999.
“We are now able to meet all of our property obligations for the coming year,” said
Grayme Anthony, president and CEO.
“We have raised in excess of $900,000 since November and can look ahead to an aggressive summer exploration campaign at West
Cedartree.”
Proceeds from the offering will finance ongoing exploration activities at Houston Lake's 100 per cent owned and optioned gold properties near Kenora, Ontario. The Company has eight contiguous properties that comprise its West Cedartree Gold Project. In March, management disclosed results from a highly successful winter diamond drill program at the Dubenski property, and a new round of drilling has recently been concluded on the property in new releases.