Deer Horn Metals Inc. (TSXV:DHM) announced that the previously announced non-brokered and oversubscribed private placement for gross proceeds of $133,000 has closed.
As quoted in the press release:
The private placement has been increased by $35,000 from the original announcement on August 29/2012. A total of 5,700,000 units of the corporation were subscribed. 3,040,000 flow thru units at a price of $0.05 per unit for gross proceeds of $152,000 and 2,660,000 non flow thru units for gross proceeds of $133,000.