Tin

Consolidated Tin Mines (ASX: CSD) announced that is has raised $2 million from placement of the Company’s remaining shortfall shares arising from the non-renounceable Entitlement Issue that was closed on 3 August 2010.

Consolidated Tin Mines (ASX: CSD) announced that is has raised $2 million from placement of the Company’s remaining shortfall shares arising from the non-renounceable Entitlement Issue that was closed on 3 August 2010.

The press release is quoted as saying:

The Company advises that it has successfully placed 50 million shares at a price of 4 cents per share of its Entitlement Issue shortfall to sophisticated and professional investors. This placement of shares completes the placement of the Entitlement Issue shortfall.

Click here to access the entire press release

Click here to access Consolidated Tin Mines Corporate Site

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