|By Marketwired .||
|September 27, 2013 06:05 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 09/27/13 -- Hudson River Minerals Ltd. (TSX VENTURE:HRM) (the "Corporation") announces today that it has closed its previously announced non-brokered private placement for the full 82,000,000 common shares of the Corporation (the "Common Shares") at a price of $0.005 per share for aggregate gross proceeds of $410,000 (the "Offering").
Completion of the Offering has been approved by the board of directors of the Corporation and is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange. The Common Shares issued are subject to a four month hold period from the date of issuance pursuant to securities legislation.
About Hudson River Minerals Ltd.
Hudson River is focused on the discovery of precious metals and base metals in Ontario. The management team identifies underexplored areas that have historical intersections of economic minerals and has experience exploring in areas with little geologic outcrop and that rely heavily on geophysical technologies for discovery. For more details on Hudson River's properties visit our web-site at www.hudsonriverminerals.com.
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.
This document may contain forward-looking statements relating to Hudson River's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Hudson River's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Hudson River disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.