Hi Ho Silver to acquire 4.7% of Ascot Mining

Dec 6, 2013

HI HO SILVER ANNOUNCES RECEIPT OF FUNDING TRANCHE AND NEGOTIATIONS TO OBTAIN CONTROLLING INTEREST IN A GOLD COMPANY Hi Ho Silver Resources Inc. has expanded the use of funds in its participating convertible redeemable, Series A, preferred share offering announced on Aug. 9, 2013, to include an investment in Ascot Mining PLC. The company was successful in negotiating the purchase of 125,157 preferred shares of Ascot Mining PLC at a cost of $200,000 (U.S.), which, upon conversion, gives the...