Genco Closes Final Tranche of $4.77 Million Placement

Genco Resources Ltd. (TSX:GGC) repored that the company has complated the final tranche of its Private Placement by issuing 761,000 units at a price of CAD $0.36 per unit for proceeds of CAD $273,960.

The press release is quoted as saying:

Genco Resources Ltd. is a publicly traded mining company focused on developing its core asset, the producing La Guitarra silver-gold property located in the Temascaltepec Mining District of Mexico. La Guitarra Mine presently consists of two underground operation centres and a flotation mill with a proven capacity of 320 tonnes per day.

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