Northern Iron Corp. Announces Completion of Private Placement Financing
Investing News Network - June 10th, 2010
Northern Iron Corp. announced the closing of the previously announced non-brokered private placement.
Northern Iron Corp. announced the closing of the previously announced non-brokered private placement.
The press release is quoted as saying:
Gross proceeds from the financing total $766,500. NIC plans on using the proceeds for the exploration and development of its iron ore projects in the Red Lake district of northern Ontario, and working capital purposes.