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Torch River Announces Close of Private Placement and Drill Programs
May. 27, 2011 11:04AM PST
Rare Earth InvestingTorch River Resources Ltd. (CVE:TCR,FRA:WNF,PINK:TORVF) announced that its recent non-brokered private placement has been completed.
Torch River Resources Ltd. (TSXV:TCR,FRA:WNF,PINK:TORVF) announced that its recent non-brokered private placement has been completed.
The press release is quoted as saying:
The proceeds of the private placement will be used as working capital to fund the work programs on the mineral properties held by Torch.