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One News Page » Category » Press Releases » Saturday, 7 November 2009 » Hawthorne Closes Non Brokered Private Placement

Hawthorne Closes Non-Brokered Private Placement

Reported by marketwire
on Saturday, 7 November 2009
(2 weeks ago)

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VANCOUVER, BRITISH
COLUMBIA--(Marketwire - Nov.
6, 2009) - Hawthorne
Gold Corp.
("Hawthorne" or the "Company") (TSX VENTURE:HGC)(PINK SHEETS:HWTHF) announces that further to
its news release of October 29, 2009, the Company closed a final tranche of
340,000 Units (the "Final Tranche") at a price of $0.40 per Unit for additional
gross proceeds of $136,000.
As disclosed in the Company's October 29th
news release, the Company previously closed on 1,062,500 Units (the "First
Tranche" and together with the Final Tranche, the "Non-Brokered Offering") at a
price of $0.40 for gross proceeds of $425,000.
In total, the Non Brokered
Offering consisted of 1,402,500 Units for gross proceeds of $561,000.

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