InZinc Increases Previously Announced Private Placement

InZinc Mining Ltd. (TSXV:IZN) revealed that the non-brokered private placement it announced on August 7, 2014 now consists of 3.3334 million units priced at $0.18 each. Proceeds will come to $600,012.

As quoted in the press release:

Each unit consists of one common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder to subscribe for one share at 30 cents per share for a period of 24 months from completion of the financing. No commission is payable and proceeds from the placement will be used for general corporate purposes.

Click here to read the full InZinc Mining Ltd. (TSXV:IZN) press release.
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