Northern Iron Corp. Announces Completion of Private Placement Financing

- 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.

Click here to access the entire press release

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