Century Mining Closes Additional Private Placement

Century Mining Corporation (TSXV:CMM) announced that it has closed the additional non-brokered private placement announced September 17, 2010.

The press release is quoted as saying:

The private placement consisted of 3,105,846 units (the “Units”) of the Company, at a price of $0.39 per Unit, for gross proceeds of $1,211,280. Each Unit consisted of one common share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable for one common share at $0.60 for 18 months from closing.

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