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    market news

    Selwyn to Raise $30-M for ScoZinc Reopening

    Investing News Network
    Aug. 22, 2011 04:47PM PST
    Base Metals Investing

    Selwyn Resources (CVE:SWN) reports that it will issue bonds to raise $30 million with which to restart the ScoZinc zinc-lead mine at Gays River.

    Selwyn Resources (TSXV:SWN) reports that it will issue bonds to raise $30 million with which to restart the ScoZinc zinc-lead mine at Gays River.

    The market news is quoted as saying:

    Mining was suspended in early 2009 as metals prices fell in the wake of the global economic crisis.

    Click here to access the entire news

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