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San Marco Resources Sell 3,060,000 Units in Closing of First Tranche of Private Placement
Jul. 18, 2012 02:02PM PST
Gold InvestingSan Marco Resources Inc.(TSXV:SMN) announced the completion of the first tranche of a non-brokered private placement. The Company sold 3,060,000 units for gross proceeds of $306,000.
As quoted in the press release:
The proceeds of the placement will be used for continued drill target definition on San Marco’s 100% owned Los Carlos II gold-silver property, drill target identification on its recently acquired Angeles property, and general working capital.
Click here to read the San Marco Resources Inc. (TSXV:SMN) press release
Click here to see the San Marco Resources Inc. (TSXV:SMN) profile
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