Full Metal Announces Private Placement Financing

Full Metal Minerals Ltd. (TSX VENTURE:FMM) announced a non-brokered private placement, subject to regulatory approval, of up to 11,200,000 units at a price of $0.18 per unit.

The press release is quoted as saying:

Full Metal is a generative exploration company with multiple precious and base metal projects in Alaska and the Yukon. Work during 2010 will include drilling programs at the 100%-owned Fortymile zinc-silver-lead Property, underground development with Harmony Gold at the Lucky Shot Property, as well as additional surface work and drilling programs at several of Full Metal’s Properties funded by Joint Venture Partners.

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