Minnova Corp. Announces Closing of First Tranche of Previously Announced Private Placement For 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.
 
Read the full press release.