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New World Closes First Tranches of Non-Brokered Private Placement

Investing News Network
Mar. 14, 2011 04:44PM PST
Battery Metals Investing

New World Resource Corp. (CVE:NW,FRA:NWU) announced that the first two tranches of its non-brokered private placement have closed.

New World Resource Corp. (TSXV:NW,FRA:NWU) announced that the first two tranches of its non-brokered private placement have closed.

The press release is quoted as saying:

In the first tranche of the private placement, the Company has issued 2,320,000 Units (the “Units”) at $0.40 per Unit to institutional and private investors.

To read the full press release, click here.

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