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    Ecometals Limited Announces Private Placement First Closing

    Investing News Network
    Oct. 18, 2010 01:18AM PST
    Battery Metals

    Ecometals Limited (CVE:EC) announces that the company has closed the first tranche of a previously announced non-brokered private placement for up to 26,666,666 units at a price of CDN$0.15 per unit.

    Ecometals Limited (TSXV:EC) announces that the company has closed the first tranche of a previously announced non-brokered private placement for up to 26,666,666 units at a price of CDN$0.15 per unit.

    The press release is quoted as saying:

    Ecometals Limited is a Canadian-listed mineral exploration and development company focused on mineral resources in Latin America. Apart from its gold exploration activities in Ecuador, Ecometals also has significant manganese and iron projects in Brazil at grass roots and development planning stages.

    Click here to access the entire press release

    Click here to access Ecometals Limited Corporate Site

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