Mountain Lake Completes Financing with Sprott Asset Management

Mountain Lake Resources Inc. (TSXV:MOA) completed a non-brokered private placement financing with Sprott Asset Management.

As quoted in the press release:

Highlights:

• Mountain Lake Resources Inc. (TSX-V: MOA)
  (“Mountain Lake” or the “Company”) is pleased to announce that it has completed the nonbrokered private placement (the “Offering”) announced August 31, 2011 with Sprott Asset Management L.P. The Company placed 3,100,000 common share units (the “Units”) of the Company at a price of $0.65 per Unit to raise gross proceeds of $2,015,000.

Click here to read Mountain Lake Resources’ (TSXV:MOA) news release.

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