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America West Resources Converts $11.27 Million in Debt to Equity and Completes $2 Million Equity Financing
Jul. 21, 2011 07:44AM PST
Industrial MetalsAmerica West Resources Inc. (OTC:AWSR) announced it has converted over $11 million in debt and completed an equity financing.
America West Resources Inc. (OTC:AWSR) announced it has converted over $11 million in debt and completed an equity financing.
The press release is quoted as saying:
America West intends to use the net proceeds from the offering to purchase new and refurbished mining equipment in support of its expansion initiative underway at its Horizon coal mining operation in Utah, and for general working capital requirements.
Click here to read the entire news release.
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