The Conversation (0)
ICN Resources Ltd. Announces Closing of Private Placement
Oct. 22, 2010 05:12PM PST
Silver Investing
ICN Resources Ltd. (CVE:ICN) reports that it has closed a private placement of 14,000,233 common shares at a price of $0.30 per common share.
ICN Resources Ltd. (TSXV:ICN) reports that it has closed a private placement of 14,000,233 common shares at a price of $0.30 per common share.
The press release is quoted as saying:
ICN is primarily focused on exploration for volcanic-hosted precious metal deposits in western Nevada, emphasizing targets with geological similarities to Sleeper, Sandman, Hollister, Midas and Aurora in Nevada and El Peñon in Chile. ICN plans to explore for the high-grade feeder zones associated with large low-grade gold and silver systems, primarily in western Nevada, but is looking for other opportunities in established metallogenic belts elsewhere in the United States.
Click here to access the entire press release