Halcones Precious Metals Announces Private Placement Offering
HALCONES PRECIOUS METALS ANNOUNCES PRIVATE PLACEMENT OFFERING
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Toronto, Ontario, June 21 , 2023 – Halcones Precious Metals Corp. (TSXV: HPM) (the “Company” or
“Halcones”) announces a non-brokered private placement financing of up to 40,000,000 Units to be priced
at $0.05 per Unit for gross proceeds of up to $2,000,000 (the “Offering”).
Each Unit will be comprised of one common share in the capital of the Company (each a “ Common Share”)
and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will
entitle the holder to purchase one Common Share at an exercise price of $0. 10 per Common Share for a
period of 3 6 months following the completion of the Offering. Securities issued under the O ffering are
expected to carry a holder period of 4 months and one day from the date of issue as may be required under
applicable securities laws.
The Company plans to use the aggregate net proceeds of the Offering to continue the exploration work on
the Company’s Carachapampa project as well as general corporate working capital purposes.
The Offering is scheduled to close on or about July 6, 2023 and is subject to certain conditions including, but
not limited to, the receipt of all necessary approvals including the approval of the TSXV.
The securities being offered have not, nor will they be registered under the United States Securities Act of
1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit
of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This release does not constitute an offer for sale of securities in the United States.
About Halcones
Halcones Precious Metals Corp. is focused on exploring for and developing gold -silver projects in the
Maricunga Belt, Chile, the premiere gold mining district in South America. The Company has a team with a
strong background of exploration success in the region.
For further information, please contact:
Vincent Chen
Investor Relations
www.halconespreciousmetals.com
Cautionary Note Regarding Forward-looking Information
This press release contains “forward -looking information” within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, regarding the Offering , the
closing of the Offering , the use of proceeds of the Offering and the Company’s future pla ns. Generally,
forward-looking information can be identified by the use of forward -looking terminology such as “plans”,
“expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates” or “does not an ticipate”, or “believes”, or variations of such words and phrases or state that
certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved”. Forward- looking information is subject to known and unknown r isks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of Halcones, as the
case may be, to be materially different from those expressed or implied by such forward-looking information,
including but not limited to: general business, economic, competitive, geopolitical and social uncertainties;
the actual results of current exploration activities; risks associated with operation in foreign jurisdictions;
ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent
in the mining industry. Although Halcones has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward -looking
information. Halcones does not undertake to update any forward-looking information, except in accordance
with applicable securities laws.
NEITHER 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.