VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 10, 2017) – HUDSON RESOURCES INC. (the “Company”) (TSX VENTURE:HUD)(OTCQX:HUDRF) is pleased to announce that it has closed its previously announced investment by Greenland Venture A/S of 8,000,000 units (“Units”) of the Company, at a price of $0.50 per Unit, for total proceeds of $4,000,000. Each Unit is comprised of one fully paid and non-assessable common share (a “Share”) in the capital of the Company and one-half of a transferable share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one additional Share (a “Warrant Share”) in the capital of the Company until March 30, 2020, at an exercise price of $0.70 per Warrant Share. No fees were paid in connection with this placement.
