High Point Exploration Inc. Announces Private Placement of Units
HIGH POINT EXPLORATION INC.
Suite 1080, 789 West Pender Street, Vancouver, BC V6C 1H2
NEWS RELEASE
HIGH POINT EXPLORATION INC. ANNOUNCES PRIVATE PLACEMENT OF UNITS
Vancouver, British Columbia, June 19, 2020. High Point Exploration Inc. (CSE: HGH) (“High Point” or the
“Company”), Vancouver-based mineral exploration company, is pleased to announce it expects to issue,
by way of a non -brokered private placement, up to 1 2,500,000 units (the " Offered Unit") at a price of
$0.02 per Offered Unit for total gross proceeds of up to $250,000 (the "Offering").
Each Offered Unit shall consist of one common share of the Company and one common share purchase
warrant, whereby each warrant shall entitle the holder thereof to acquire one additional common share
of the company for a total period of five years from the date of issuance at a price of $0.05 per warrant
share.
The net proceeds from the Offering will be used to conduct due diligence on a potential property to be
staked if p rospecting is positive , and for additional working capital and general corporate purposes to
finance activities of the Issuer through these uncertain times due to unprecedented outbreak of
coronavirus (COVID19) . The Offered Units will be subject to a statu tory hold period of four months
following the date of issuance. The Company will not pay finders’ fees on the Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities
in the United State s. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States 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.
About High Point Exploration Inc.
High Point Exploration Inc. is a resource exploration company that is acquiring and exp loring mineral
properties. The Company is currently focused on exploration of its Mantle Property in British Columbia.
On Behalf of the Board of Directors
HIGH POINT EXPLORATION INC.
Brent Hahn
Chief Executive Officer
Telephone: 604-428-7050
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
FORWARD LOOKING STATEMENT This press release may include forward -looking information within the
meaning of Canadian securities legislation, concerning the business and trading in the common stock of
High Point Exploration Inc., the raising of additional capital and the future development of the business.
The forward -looking information is based on c ertain key expectations and assumptions made by the
company's management. Although the Company believes that the expectations and assumptions on
which such forward-looking information is based are reasonable, undue reliance should not be placed on
the forward-looking information because the Company can give no assurance that they will prove to be
correct. These forward-looking statements are made as of the date of this press release and High Point
disclaims any intent or obligation to update publicly any forward-looking information, whether as a result
of new information, future events or results or otherwise, other than as required by applicable securities
laws.