04:38 PM EST - Houston Lake Mining Inc. : is proposing a non-brokered private placement offering of up to 2,500,000 common shares of the Company. The Common Shares are to be issued under a unit offering of 2,500,000 units at a subscription price of $0.18 per Unit. Each Unit shall consist of one Common Share of the Company and one share purchase warrant. Each full Warrant shall entitle the holder thereof to purchase one additional common share of HLM at an exercise price of $0.29 for an 18-month period from closing. Houston Lake Mining Inc.
shares V.HLM are trading down $0.025 at $0.17.
