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Deer Horn Capital has announced a non-brokered private placement to raise up to $500,000

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The company intends to raise up to $500,000 from the placement of up to 2 million units priced at $0.15 per unit. Each unit consists of one share and one warrant, with the warrant exercisable at $0.20 for one year

Additional Information:

Company: Deer Horn Capital
Website: http://www.deerhorncapital.ca
Stock Symbol: CSE:DHC
Date Published: Jun 6, 2019
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Deer Horn Capital has announced a non-brokered private placement.

The company intends to raise up to $500,000 from the placement of up to 2 million units priced at $0.15 per unit.

Each unit consists of one share and one warrant, with the warrant exercisable at $0.20 for one year.

The shares are currently trading at $0.185.

Deer Horn is committed to exploring for, and providing, strategic and critical metals vital to a low-carbon economy and for the advancement of technology.

The company’s leadership has a track record of project monetization with a board and advisory group that includes industry leaders in finance, mineral property development, geology, mineralogy, solar power, engineering, research and First Nations engagement and economic development.

Deer Horn’s flagship property, a gold-silver-tellurium deposit in west-central British Columbia, is located 135 kilometres southwest of the community of Burns Lake and 36 kilometres south of the Huckleberry mine.

The company has produced positive economics in a Preliminary Economic Analysis and, to management’s knowledge, hosts Canada’s only NI 43‐101 tellurium resource.

The PEA was calculated from only 450 metres of a 2.4 kilometre-long mineralized system that remains open to the west, east and down-dip.

According to a 2017 “Critical Mineral Resources” report by the United States Geological Survey, Tellurium is a very rare element that averages only 3 parts per billion in Earth’s upper crust.

It is three times rarer than gold, comparable to the rarity of platinum and rarer than most “rare earth” metals.

For more information, please visit the company’s website at www.deerhorncapital.ca, contact Tyrone Docherty, President and CEO, at 604-789-5653 or email tyrone@deerhorncapital.ca.

I’m Cassandra Bolinski for Investmentpitch Media