Google Website Translator Gadget

Monday, January 17, 2011

Monax Mining Limited Share Placement To Raise AUD0.55 Million

Monax Mining Limited announced that it has received firm commitments in relation to a placement of approximately 5.5 million shares to professional and sophisticated investors at $0.10 per share to raise a total of AUD550,000 (before costs). The capital raised from the placement will be used to fund exploration on the newly acquired bauxite tenements.

source:reuters.com

No comments: