Coalspur Completes Private Placement to a Strategic Investor

Coalspur Mines Limited (ASX:CPL,TSX:CPT) announced that its private placement of 6,000,000 ordinary shares has closed.

The press release is quoted as saying:

Commenting on the completion of the capital raising, Mr Gene Wusaty, Managing Director and CEO said, “The capital raising has placed Coalspur in a very strong position financially and has further expanded its investor base.”

To read the full press release, click here.