Nevado Completes Second Tranche of Financing

- May 9th, 2011

Nevado Resources Corp. (CVE:VDO,FRA:NSV) announced that a recent non-brokered private placement has now been completed.

Nevado Resources Corp. (TSXV:VDO,FRA:NSV) announced that a recent non-brokered private placement has now been completed.

The press release is quoted as saying:

Funds will be spent primarily to advance the Corporation’s higher grade Iron-Titanium-Vanadium La Blache property located just North of Baie-Comeau, Quebec, its iron ore and base metal property in the Fermont region, Quebec, and for general working capital purposes.

To read the full press release, click here.

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