Yellowhead Mining’s Second Installment of Private Placement Closes

Yellowhead Mining Inc. (TSX:YMI,OTCQX:YHMGF) closed an additional portion of approximately $1.28 million of its previously announced non-brokered private placement.

As quoted in the press release:

An aggregate of 1,825,689 flow-through Common Shares (the “FT Shares”) were issued to various qualified investors at an issue price of $0.70 per FT Share.  Gross proceeds from the closing of this portion of the private placement totaled approximately $1.28 million.  The Company paid finders’ fees equal to 5% of the gross proceeds.

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