ENP Newswire -
Release date- 08052014 -
HLM is pleased to report that it has received a positive response from two creditors concerning a 'Shares for Debt Financing'. HLM proposes to issue up to 3,991,900 common shares at a price of
Management believes that the proposed Shares for Debt financing will strengthen the balance sheet and increase the attractiveness of the Company for future financings.
HLM is actively developing its 100% owned and optioned project which contains the
HLM's goal is to become a fully integrated lithium and tantalum producer by targeting the growth as a result of the shift towards electric/hybrid vehicles and high quality consumer electronics through the development of the
HLM has a total of 80,215,695 common shares issued and outstanding. For additional information, please visit www.houstonlakemining.com
Tel: +001 705.897.7622
Fax: +001 705.897.7618
Tel: +001 416.520.0187
This release includes certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.
Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings what are available at http://www.sedar.com
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