Marengo Mining Limited Files Preliminary Short Form Prospectus

Marengo Mining Limited (TSX:MRN,ASX:MGO) receives a receipt for a preliminary short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick and Nova Scotia.

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