Halcones Precious Metals Closes Final Tranche of Private Placement Offering
HALCONES PRECIOUS METALS CLOSES FINAL TRANCHE OF 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 , August 18 , 2023 – Halcones Precious Metals Corp. (TSXV: HPM) (the “Company” or
“Halcones”) has closed the final tranche (the “ Final Tranche”) of its previously announced non -brokered
private placement financing (the “Offering”). The Company issued 6,900,000 units (the “Units”) a price of
$0.05 per Unit for gross proceeds of $345,000 in the Final Tranche and together with the first three tranches
of the Offering, the Company has issued an aggregate of 61,162,925 Units for gross proceeds of $3,058,146.
Each Unit is 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 entitles
the holder to purchase one Common Share at an exercise price of $0. 10 per Common Share for a period of
36 months following the date hereof . Securities issued under the O ffering carry a hold period of 4 months
and one day from the date hereof as required under applicable securities laws.
The Company plans to use the aggregate net proceeds of the Final Tranche to continue the exploration work
on the Company’s Carachapampa project as well as general corporate working capital purposes. The
Offering is subject to the receipt of all necessary approvals, including the approval of the TSX Venture
Exchange.
In connection with the Final Tranche, Halcones paid finder’s fees of $10,500 in cash and issued 210,000 non-
transferable finder’s warrants (the “Finder’s Warrants”). Each Finder’s Warrant entitles the holder thereof to
acquire one Common Share at a price of $0.05 for a period of 36 months following the date hereof.
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 Final Tranche
and the Offering, the closing of the Offering , the use of proceeds of the Final Tranche and the Offering and
the Company’s future plans. 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 anticipate”, 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 risks,
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.