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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 lithiumtsxv:rmprivate placement
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