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Virgin Metals Inc.: Completes Private Placement of 1,150,000 Units
Jun. 17, 2011 12:39PM PST
Base Metals Investing Virgin Metals Inc. (CVE:VGM) announced that its non-brokered private placement has now closed.
The press release is quoted as saying:
The net proceeds to Virgin will be used to advance the pre-feasibility report on the Company’s Los Verdes property, as well as for working capital and general administrative purposes.