Redhill Closes Private Placement for $2,840,000

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.

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