Eurotin Inc. (TSXV:TIN) reports it has entered into an agreement with GMP Securities L.P. to complete a private placement financing.

The press release is quoted as saying,

(Eurotin is offering) up to 15,625,000 special warrants of the Company (the “Special Warrants”) at an issue price of C$0.80 per Special Warrant for gross proceeds of up to C$12,500,000.

The Company intends to use the net proceeds from the Offering to accelerate development of the Oropesa tin project and for general working capital purposes.

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