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One News Page » Category » Press Releases » Thursday, 29 October 2009 » Hawthorne Closes First Tranche of Non Brokered Private

Information / Related NewsOpen Full Story in New WindowHawthorne Closes First Tranche of Non-Brokered Private Placement

Reported by marketwire on Thursday, 29 October 2009 (on October 29, 2009)
marketwire





VANCOUVER,
BRITISH COLUMBIA--(Marketwire - Oct. 29, 2009) - Hawthorne
Gold Corp. ("Hawthorne" or
the "Company") (TSX
VENTURE:HGC)(PINK SHEETS:HWTHF) is pleased to announce that it has completed the first
tranche (the "First Tranche Closing") of the Non-Brokered private placement
previously announced on September 24 and October 6 (the "Offering News
Releases"). On closing, the Company issued 1,062,500 Units at a price of
$0.40 per Unit for gross total proceeds of $425,000. The Company expects to complete
a second tranche closing on or before November 6, 2009.


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