Virgin Metals Inc.: Completes Private Placement of up to 3,057,004 Units

Virgin Metals Inc. (TSXV:VGM) reports that the company has closed its previously announced non-brokered private placement of up to 3,057,004 units.

The press release is quoted as saying:

Virgin is a junior exploration and development company; its projects include two copper-molybdenum porphyry properties in Sonora, northern Mexico. One of these, Los Verdes, is currently the subject of a pre-feasibility study while the other, Cuatro Hermanos, is the focus of ongoing exploration efforts.

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