Huntsman Closes Baxter Spring Property Transaction - Nevada
VANCOUVER, BC / ACCESSWIRE / November 12, 2020 / Huntsman Exploration Inc. (TSXV:HMAN) (US:BBBMD) (the "Company" or "Huntsman") is pleased to announce that it has closed the transaction whereby it will acquire a
Additional terms of the Purchase Option, as detailed in the Company's news release dated August 28, 2020, include a final payment of US
The Property
Baxter Spring is an intermediate-stage gold exploration project in Nye County, Nevada. The Property consists of 132 unpatented federal lode claims covering 2569 acres (1040 hectares) and is
The Company also advises that the finders' fees paid under its private placement as reported in its news release of October 19, 2020, have been corrected. The Company confirms that it paid a total
All of the above-noted securities are subject to regulatory hold periods expiring four months and one day from date of issue. There is also an additional one year hold period on the securities issued pursuant to the Purchase Option Agreement.
On Behalf of the Board of Huntsman Exploration Inc.
Peter Dickie
President and Chief Executive Officer
For more information, please contact 1-855-584-0160 or info@huntsmanx.com.
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements: Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward-looking statements. Although we believe that the expectations in our forward-looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
SOURCE: Huntsman Exploration Inc.
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