Docherty

Deer Horn Completes 1st Tranche Closing of Non-Brokered Private Placement

Retrieved on: 
Friday, November 6, 2020

VANCOUVER, British Columbia, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the Company or Deer Horn), announces that is has closed the first tranche (the First Tranche) of its non-brokered private placement (the Offering) previously announced on October 14, 2020.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the Company or Deer Horn), announces that is has closed the first tranche (the First Tranche) of its non-brokered private placement (the Offering) previously announced on October 14, 2020.
  • Deer Horn also issued 1,000,000 units to settle debt of $50,000 owed to Docherty Capital Corp. (DCC), a private company owned and controlled by Tyrone Docherty.
  • After completion of the debt settlement issuances, Mr. Docherty now owns/controls 4,552,790 shares of Deer Horn representing approximately 14.7% of the outstanding shares of Deer Horn on a non-diluted basis.
  • Mr. Docherty may acquire additional shares or Deer Horn or dispose of Deer Horn shares (through market or private transaction) from time to time.

Deer Horn Launches Permitting Phase for Bulk Sample

Retrieved on: 
Tuesday, February 25, 2020

VANCOUVER, British Columbia, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Following recent financings, Deer Horn Capital Inc. (CSE: DHC) (the Company or Deer Horn), announces it is finalizing contract arrangements with a BC-based, international engineering firm to manage permitting for a 10,000-tonne bulk sample at the 51.3-square-kilometer Deer Horn gold-silver-tellurium property in west-central British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Following recent financings, Deer Horn Capital Inc. (CSE: DHC) (the Company or Deer Horn), announces it is finalizing contract arrangements with a BC-based, international engineering firm to manage permitting for a 10,000-tonne bulk sample at the 51.3-square-kilometer Deer Horn gold-silver-tellurium property in west-central British Columbia.
  • The bulk sample marks the next key step in exploration of the Deer Horn property, said president and CEO Tyrone Docherty.
  • Deer Horn is a gold-silver-tellurium property with an NI 43-101 compliant tellurium resource of high-grade gold, silver and tellurium.
  • Our objective and strategy is to launch production at Deer Horn with a small operation that requires far less capital, time, permitting and infrastructure, said Docherty.