Atico Mining to Pursue Financings for Aggregate of $20 Million

Atico Mining Corporation (TSXV:ATY,OTC: ATCMF) announced various plans for financings totalling an aggregate of $20 million.

As quoted in the press release:

Atico Mining Corporation (TSXV: ATYOTC: ATCMF) is pleased to announce its plans to complete a brokered private placement for aggregate gross proceeds of C$10,035,000, a non-brokered private placement for aggregate gross proceeds of approximately C$2,025,000, a US$6,000,000 senior secured repayable debt facility and a private placement of an aggregate of US$2,000,000 of convertible debentures.

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