Hudson Announces Private Placement
Suite 420 – 1639 2nd Ave W. Tel: (604) 628-5002
Vancouver, B.C. V6J 1H3 WWW.HUDSONRESOURCESINC.COM
Not for distribution to U.S. news wire services or dissemination in the United States.
FOR IMMEDIATE RELEASE TSX-V: HUD
April 30, 2018 OTC: HUDRF
NR2018-02
HUDSON ANNOUNCES PRIVATE PLACEMENT
Vancouver, BC - HUDSON RESOURCES INC. (“Hudson” – TSX Venture Exchange “HUD”) announces
that it will be seeking approval from the TSX Venture Exchange to complete a non -brokered private
placement of 30 Million units (“Units”) of the Company. The Units will be priced at $0.45 per Unit for total
proceeds to the Company of $13,500,000. Each Unit will be comprised of one fully paid and non -
assessable common share (a “Share”) in the capital of the Company and one -half of a transferable
Common Share purchase warrant (a “Warrant”). Each whole Warrant shall entitle the holder thereof to
purchase one additional Share (a “Warrant Share”) in the capital of the Company from the d ate of the
issue until expiry 36 months after such date at an exercise price of $0.75 per Warrant Share. In certain
events, the Company can accelerate the expiry date of the Warrants if the common shares trade above a
weighted average of $1.50 for 20 consecutive days. Hudson reserves the right to issue an over-allotment
of up to 10 million Units for additional proceeds of $4,500,000. A finder’s fee may be paid to arm’s-length
parties on this private placement. The net proceeds of the private placement will be used for the
Company’s White Mountain Anorthosite Project in Greenland, working capital and general corporate
purposes.
Hudson anticipates completing construction of its anorthosite mine and shipping product before the end of
the year. Shipments for the first six months will be prioritized to meet the 10-year off-take agreement
Hudson has with one of the leading E-Glass fiberglass producers in the world. On top of anticipated sales
to a number of fiberglass producers worldwide, Hudson is developing a number of exciting product
streams, including selling to manufacturers of paints and coatings, producers of aluminum and new
markets looking for CO2 free white cement.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the U.S. The securities have not been and will not be registered under the U.S. Securities
Act of 1933, as amended, or any state securities laws and may not be offered or sold within the U.S. or to
U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
ON BEHALF OF THE BOARD OF DIRECTORS
“James Tuer”
James Tuer, President
For further information:
James Tuer, President
Ph: 604-628-5002 or 604-688-3415
Forward-Looking Statements
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact
included in this news release, including, without limitation, statements regarding the use of proc eeds from the private placement,
and other future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the
Company's plans or expectations include market prices, general economic, market or business conditions, regulatory changes,
timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the
Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-
looking statements whether as a result of new information, future events or otherwise except as otherwise required by applica ble
securities legislation.
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.