International Millennium Closes $790K Private Placement

Molybdenum Investing

International Millennium Mining Corp. (CVE:IMI) closes its $0.05/unit private placement at $790,000.

International Millennium Mining Corp. (TSXV:IMI) closes its $0.05/unit private placement at $790,000.

The market news is quoted as saying:

The Company will use the proceeds of the private placement to conduct a diamond drilling program on its properties in Nevada and for working capital. The Company is currently preparing to undertake a 2500 meter diamond drill exploration program to test the historic mineralized blocks on the Company’s Nivloc Mine silver and gold property in Esmeralda County, Nevada. The program is expected to commence in late November 2010.

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