Hi Ho Silver Resources Inc. (CNSX:HHS) announced a non-brokered private placement of up to 20,000,000 units at an issue price of CAD 0.06 per unit for a gross proceeds of up to CAD 1,200,000 on October 21, 2020. Each unit will consist of one common share and one common share purchase warrant, with each warrant exercisable for an additional share at an exercise price of CAD 0.15 for two years following closing. The securities issued in the transaction will be subject to a four-month hold period.