Houston Lake Mining Inc (HLKMF.PK) Digging Up C$2.5M in Financing for 2007
Houston Lake Mining Inc. (Pink Sheets: HLKMF) recently announced that it is raising a total of C$2.5 million in a non-brokered flow-through private placement financing with Max Capital Markets Ltd., subject to regulatory approval.The proceeds of the private placement will be utilized to bring the historic resource on the recently acquired Dubensky property up to "NI-43-101" standards and to continue exploration and drilling on the company's 100 percent owned and optioned gold properties located near Sioux Narrows, Ontario. According to a press release, HLKMF is offering up to 1,250,000 common share units and 1,086,957 flow-through shares for total gross proceeds…