North Arrow Closes $5.45 Million Financing

North Arrow Minerals Inc. (TSXV:NAR) closed a non-brokered private placement of $5,450,000 consisting of 13,625,000 common shares at a price of $0.40 per common share.

As quoted in the press release:

This represents an over-subscription of $450,000 to the non-brokered private placement originally announced in a North Arrow news release dated August 26, 2013 with the pricing and structure amendments as announced October 3, 2013. Proceeds from the private placement will be used to finance exploration programs at the Company’s Canadian diamond projects and for general working capital purposes.

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