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    Redhill Closes Private Placement for $2,840,000

    Investing News Network
    Mar. 16, 2011 12:53PM PST
    Rare Earth Investing

    Redhill Resources Corp. (CVE:RHR) announced the closing of its non-brokered private placement.

    Redhill Resources Corp. (TSXV:RHR) announced the closing of its non-brokered private placement.

    The press release is quoted as saying:

    Proceeds from the private placement will be used to fund exploration on the Company’s Gascoyne Projects, to advance the Honey Comb Hills and Morgan rare-earth properties and for general working capital.

    To read the full press release, click here.

    private placementtsxv:rhr
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