Huntington Announces Increase to Proposed Private Placement of Units and Provides Corporate Update
HUNTINGTON EXPLORATION INC.
Huntington Announces Increase to Proposed Private Placement of Units and Provides Corporate Update
News Release
Calgary, Alberta - November 12, 2020
Huntington Exploration Inc. (“HEI" or the “Company”) (TSX VENTURE: HEI) announced today that, further to its October 9, 2020 news release, it has increased the size of the previously announced private placement of units from up to $1,000,000 to up to $1,500,000.
The Company further confirms that there is no undisclosed material information concerning HEI or its business.
On behalf of the Board of Directors:
Bob Verhelst President and CEO
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.
Forward Looking Statements
This press release contains certain statements which constitute forward-looking statements or information (“forwardlooking statements”), including statements regarding HEI’s business and the proposed Private Placement. Such forwardlooking statements are subject to numerous risks and uncertainties, some of which are beyond HEI's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, operational risks in exploration and development, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although HEI believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, HEI does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
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