VANCOUVER, CANADA, July 2, 2013 – Hi Ho Silver Resources Inc. (“Hi Ho” or the “Company”) (CNSX: HHS) is pleased to announce a non-brokered private placement (the “Private Placement”) to raise gross proceeds of up to $500,000 through the sale of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit. Each Unit will be comprised of one common share of Hi Ho and one common share purchase warrant (each a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of the Company at any time for a two year period following issuance, at an exercise price of $0.10 per common share.
The proceeds of the Private Placement will be used for exploration of the Company’s Canadian mineral properties and for general working capital. All securities issued in the Private Placement will be subject to a four-month hold period pursuant to applicable securities laws. Finder’s Fees may be paid to qualified finders who at arm’s length to the Company.
Hi Ho Silver Resources Inc. is a Canadian exploration company dedicated to the exploration of precious metal deposits across Canada. Hi Ho’s principal asset is its 100% owned Fairview Gold property. For further information on the Company and its projects, please contact our President and CEO, Mr. Dennis McKnight.
On Behalf of the Board of Directors
Dennis McKnight, President, Chief Executive Officer and Director
Hi Ho Silver Resources Inc. Tel: 778-868-9424 Email: dennis@hihoresources.com Website: www.hihoresources.com
The Canadian National Stock Exchange (CNSX) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document. Company information can be viewed here: www.CNSX.ca
Note: Further information regarding the Company can be found on SEDAR at www.SEDAR.com
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VANCOUVER, CANADA, July 2, 2013 – Hi Ho Silver Resources Inc. (“Hi Ho” or the “Company”) (CNSX: HHS) is pleased to announce a non-brokered private placement (the “Private Placement”) to raise gross proceeds of up to $500,000 through the sale of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit. Each Unit will be comprised of one common share of Hi Ho and one common share purchase warrant (each a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of the Company at any time for a two year period following issuance, at an exercise price of $0.10 per common share.
