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    Marengo Mining Limited Announces Price of Equity Financing

    Investing News Network
    Nov. 18, 2010 11:08PM PST
    Industrial Metals

    Marengo Mining Limited (TSE:MRN,ASX:MGO) announces that it has priced the offering.

    Marengo Mining Limited (TSX:MRN,ASX:MGO) announces that it has priced the offering.

    The press release is quoted as saying:

    The net proceeds from the Offering will be used to advance the Company’s district exploration program at the Yandera copper-molybdenum-gold deposit located in Madang Province, Papua New Guinea (the “Yandera Project”), as well as for permitting and other pre-construction expenditures relating to the Yandera Project, and for general corporate and working capital purposes.

    Click here to access the entire press release

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