Deer Horn Metals Inc.(TSXV:DHM) announced that it has arranged a new non-brokered Private Placement for gross proceeds of up to $250,000. The gross proceeds will be used for a work program set to commence at the Deer Horn property in September.

As quoted in the press release:

The price of the units are $0.05 per unit for non flow thru shares . Each non flow thru unit shall consist of one common share and one share purchase warrant.

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