Challenger Deep Resources Closes Private Placement to Fund Barito Coal Project

Challenger Deep Resources Corp. (TSXV:CDE)  announced the closing of a private placement for $1,397,500.

As quoted in the press release:

The net proceeds from the Private Placement will be used for development of Challenger’s Barito coal project in Central Kalimantan, Indonesia and for general corporate purposes.

To view the whole press release, click here.