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    Greenock Resources: Equity Issue and Debt Conversion

    Investing News Network
    Oct. 08, 2010 04:29PM PST
    Gold Investing

    Greenock Resources Inc. (CVE:GKR) announced that that the corporation is completing a private placement equity issue for $175,000.

    Greenock Resources Inc. (TSXV:GKR) announced that that the corporation is completing a private placement equity issue for $175,000.

    The press release is quoted as saying:

    Greenock Resources Inc. (formerly Simberi Mining Corporation) is a Canadian based international mineral development company that focuses on developing a portfolio of natural resource properties. Greenock’s main development project is the Kakanda Copper/Cobalt project in the Democratic Republic of the Congo that is a joint venture with Gécamines, the Congolese state mining company. This copper/cobalt deposit in the Central African Copper Belt is adjacent to the Tenke Fungurume project presently being developed by Freeport McMoRan Gold & Copper Company and Lundin Mining Corporation.

    Click here to access the entire press release

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