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Hampton Financial announces private offering of voting shares

Hampton Financial Corp. will offer up to 1,750,000 subordinate voting shares in a nonbrokered private placement.

The shares will be offered at 20 Canadian cents apiece for total gross proceeds of up to C$350,000. The company plans to use the proceeds for working capital and general corporate purposes.

All securities that will be issued in the offering will be subject to a four-month hold period.