2012-10-12 23:55:50 -
Vancouver, British Columbia CANADA, October 12, 2012 /FSC/ - Deer Horn Metals Inc. (DHM - TSX Venture"Deer Horn")The previously announced private placement has received final acceptance from the TSX Venture Exchange. The non-brokered private placement consisting of 5,700,000 million shares of the corporation at a price of five cents per share for gross proceeds of $285,000 has been closed. The shares will become free trading on Feb 13, 2013.
On behalf of the board of directors of
Deer Horn Metals Inc.
(signed) "Tyrone Docherty"
President and CEO
For further information please contact:
Primary ContactTyrone Docherty
Deer Horn Metals Inc.
(604) 952 7221
Forward Looking Information
information regarding the Company set forth in this press release, including the use of proceeds, and management's assessment of the Company's future plans and operations contain forward looking information that involve substantial known and unknown risks and uncertainties. The forward looking information is subject to numerous risks and uncertainties, some of which are beyond the Company's and management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, imperfection of reserve estimates, environmental risks, industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. The Company's actual results, performance or achievement could differ materially from those expressed in or implied by, the forward looking information and accordingly, no assurance can be given that any of the events anticipated to occur or transpire form the forward looking information will provide any benefits to the Company.
"Neither the TSX Venture Exchange nor its 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."
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Source: Deer Horn Metals Inc. (TSX-V DHM) Maximum News Dissemination by FSCwire. www.fscwire.com