Diamcor Mining Announces $1,875,000 Private Placement

Diamcor Mining Inc. (TSXV:DMI) announced a non-brokered private placement of up to 1,500,000 units at a price of $1.25 per Unit for gross proceeds of up to $1,875,000.

As quoted in the press release:

Each Unit will consist of one common share (a “Share”) of the Company and one-half of one common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Share at an exercise price of $1.75 for a period of 36 months following the date of issuance

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