Sunset Cove Mining Proceeds With Private Placement

 Sunset Cove Mining Inc. (TSXV:SSM,BVL:SSM) announced a non-brokered private placement comprised of up to 10,000,000 units. The private placement is for total gross proceeds of up to $500,000 at a price of $0.05 per unit.

As quoted in the press release:

Each Unit consists of one (1) common share (“Share”) and one common share purchase warrant (“Warrant”). Each Warrant provides the holder with the right to purchase one (1) additional Share for $0.10 per Share.

Sunset Cove Mining Inc. President, Lorne Woods, said:

We anticipate a first close within the next few days.

Click here to read the Sunset Cove Mining Inc. (TSXV:SSM,BVL:SSM) press release
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