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Minnova Corp. Announces Closing of First Tranche of Previously Announced Private Placement For Gross Proceeds of $3,334,750
Nov. 04, 2016 11:58AM PST
Gold Investing
Minnova Corp.,, further to its press releases from Sept. 21, 2016, and Oct. 25, 2016, has closed the first tranche of its previously announced brokered and non-brokered private placement raising aggregate gross proceeds of $3,334,750.
Minnova Corp. (TSXV:MCI) further to its press releases from Sept. 21, 2016, and Oct. 25, 2016, has closed the first tranche of its previously announced brokered and non-brokered private placement raising aggregate gross proceeds of $3,334,750.
The net proceeds of the Offering will be used for work programs related to advancement and re-start of mining operations at the Company’s PL Mine including; 10,000 meter drill program for definition drilling, resource expansion and property wide exploration and revised and updated NI 43-101 technical reports, debt reduction as well as for general working capital purposes.
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Read the full press release.
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