A to Z Junior Mining Research Site Message Board

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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: 4figureau who wrote (3019)	1/29/2003 11:49:46 AM
From: Elizabeth Andrews	of 5423

Toronto, February 21, 2002 (TSE:HRG) - High River Gold Mines Ltd. is pleased to announce that Sprott Securities Inc. (lead) and Dundee Securities Corporation, as agents, have completed the sale, by way of private placement, of 11,160,556 units of the Company for gross proceeds of $10,076,500. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant is exercisable for one share of the common stock of the Company for $1.20 for a period of twelve months from the date of the closing of the private placement.

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