Gold

Source Exploration Corp. (CVE:SOP) reports that the company has been increased by up to an additional 2,000,000 units of the Corporation to the non-brokered private placement financing announced on October 13, 2010.

Source Exploration Corp. (TSXV:SOP) reports that the company has been increased by up to an additional 2,000,000 units of the Corporation to the non-brokered private placement financing announced on October 13, 2010.

The private placement will now be for up to a maximum of 8,000,000 Units at a price of $0.20 per Unit for gross proceeds of up to $1,600,000 (the “Offering”). Each Unit will consist of one common share and a one-half of a share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase a further common share for a period of eighteen (18) months from closing at a price of $0.35 per common share. Proceeds of the Offering will be used by the Corporation for exploration and development of its Las Minas gold–copper project and general corporate purposes.

Click here to access the entire press release

Click here to access Source Exploration Corporate Site

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COMMODITIES

Commodities
Gold1827.35+0.28
Silver21.15+0.03
Copper3.740.00
Palladium1879.51+6.50
Platinum911.26+4.32
Oil107.06+2.79
Heating Oil4.24+0.02
Natural Gas6.17-0.07

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