Afferro Mining Inc. – TSX Venture Exchange Conditional Approval, AIM Admission and Closing of Placing

Afferro Mining Inc. (TSXV:AFF,LON:AFF) reports it has received TSX Venture Exchange conditional approval.

The pres release is quoted as saying,

(It)…has closed its placing of 17,261,452 common shares in the capital of the Company (“Common Shares”) (the “Placing”) and subscription of 57,445 Common Shares, all at 90 pence per share. The Placing raised aggregate gross proceeds of approximately £15.5 million (approximately US$24.9 million and approximately £14.9 million or US$23.9 million net of expenses).

For the complete press release, click here.