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Rodinia Lithium Inc. Announces Private Placement

Written by Investing News Network
|
Nov. 11, 2010 03:45PM PST

Rodinia Lithium Inc. (CVE:RM) reports the completion of a non-brokered private placement for gross proceeds of up to $1,400,000.

Rodinia Lithium Inc. (TSXV:RM) reports the completion of a non-brokered private placement for gross proceeds of up to $1,400,000.

The press release is quoted as saying:

The Company intends to use the net proceeds to continue the development of its key projects and for working capital purposes.

Rodinia Lithium’s President & CEO, Will Randall says:

“We expect that these funds will allow us to aggressively pursue development of the Diablillos property, and should allow us to advance our current program towards a National Instrument 43-101 resource estimate on the property”.

Click here to access the entire press release.

Click here to access Rodinia Lithium’s company profile.

rodinia lithium tsxv:rm private placement
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