Trevali Closes Additional $2.3-Million Private Placement Financing

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) announced that it completed a private placement of 2,601,178 units of the Company on November 14, 2011.

As quoted in the press release:

Each Unit consisted of one common share of the Company and one-half of one common share purchase warrant, each whole warrant entitling the holder to acquire an additional common share at a price of $1.10 per share until November 14, 2013. Kallpa Securities SAB of Lima, Peru (“Kallpa”) acted as agent in the offering of the Units to qualified South American investors on a commercially reasonable best-efforts basis.

Click here to read the Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) press release