Developing Bellechasse-Timmins Gold Deposit
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From the May 5 news release in regard to: Golden Hope Closes 1st Tranche Financing
Montreal, Quebec / TheNewswire / May 5, 2015 - Golden Hope Mines Limited, TSX-V: GNH; (the "Company" or "Golden Hope") announces it has received regulatory approval and closed its first tranche of a private placement. The Company has issued 1,308,000 units of common shares at a price of $0.10 per unit, for gross proceeds of $130,800. Each unit consists of one common share priced at $0.10 and a warrant to purchase a common share of the Company. Each warrant entitles its holder to purchase one common share of the Company at $0.25 for a 24-month period after closing of the private placement.
A Director of the company subscribed for $6500 or 65,000 units.
| As of 11:59pm ET May 10th, 2015 | |||||||
| Filing Date |
Transaction Date |
Insider Name | Ownership Type |
Securities | Nature of transaction | Volume or Value | Price |
| May 8/15 | May 5/15 | Hoover, Larry Edward | Direct Ownership | Warrants | 16 - Acquisition under a prospectus exemption | 65,000 | $0.250 |
| May 8/15 | May 5/15 | Hoover, Larry Edward | Direct Ownership | Common Shares | 16 - Acquisition under a prospectus exemption | 65,000 | $0.100 |
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