Global Hunter Corp. (TSXV:BOB) announced a private placement of 180,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 9,000,000 on August 30, 2013. Each unit consists of one common share and one transferable share purchase warrant.

Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.10 per share for a period of two years. The securities issued will be subject to the hold period of four months. The company will pay finders' fees in cash and or will issue securities.

The transaction is subject to the approval of the TSX Venture Exchange.