InZinc Mining Ltd. (TSXV:IZN) revealed that the non-brokered private placement it announced on August 7, 2014 now consists of 3.3334 million units priced at $0.18 each. Proceeds will come to $600,012.
As quoted in the press release:
Each unit consists of one common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder to subscribe for one share at 30 cents per share for a period of 24 months from completion of the financing. No commission is payable and proceeds from the placement will be used for general corporate purposes.