Kirrin Resources Closes $0.7 Million Private Placement

Kirrin Resources Inc. (TSXV:KYM) reports that it has raised gross proceeds of $674,000, net proceeds of $656,000, pursuant to its non-brokered private placement.

The press release is quoted as saying:

The net proceeds from the Private Placement will be used for exploration on Kirrin’s portfolio of rare earth elements and uranium properties and for general working capital purposes.

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Click here to access Kirrin’s company profile.