Red Moon Potash Inc. (TSXV:RMK) and Vulcan Minerals Inc. (TSXV:VUL) announced that Red Moon has closed a non-brokered private placement of 2,500,000 units for proceeds of $250,000.

As quoted in the press release:

Proceeds of $250,000 will be used to fund the Company’s mineral exploration activities in western Newfoundland and general working capital.

To view the whole press release, click here.