Benjamin Hill Mining Corp. (CSE: BNN) (OTCBB: BNNHF) (“BHM” or the “Company”) is pleased to announce that it has completed its over-subscribed private placement previously announced December 17, 2021. The offering totals 6,034,989 units of the Company (the “Units”) at a price of $0.35 CAD per Unit (the “Offering”) for gross proceeds of $2,112,246.15. The securities issued in the Offering are subject to a hold period of four months and one day from the closing date, expiring May 28, 2022.

The Company paid cash finder’s fees equal to $55,020 CAD and issued 157,200 broker warrants, exercisable any time on or before January 27, 2024 to acquire the same number of shares at an exercise price of $0.50 CAD. The Company will use the proceeds of the financing carry out work on the inaugural +8000m diamond drill program at the Sonora property and provide general working capital.

Benjamin Hill Closes Private Placement Financing As Over-Subscribed

Benjamin Hill Closes Private Placement Financing As Over-Subscribed

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