Ecometals Limited Announces Private Placement Closing

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Ecometals Limited (CVE:EC,BER:GDQ,FRA:GDQ) announced that its non-brokered private placement has closed.

Ecometals Limited (TSXV:EC,BER:GDQ,FRA:GDQ) announced that its non-brokered private placement has closed.

The press release is quoted as saying:

The gross proceeds from the Offering will be used for working capital purposes. The Units and Warrants issued in the Offering are subject to a four month hold period expiring on August 8, 2011.

To read the full press release, click here.

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