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Alphamin Resources Corp announces C$12.0 mln private placement


Tuesday, 3 Dec 2013 10:34am EST 

Alphamin Resources Corp:Agrees to raise C$12.0 million by way of a non-brokered private placement of 100,000,000 common shares.Says at a price of C$0.12 per common share.Says intends to use the proceeds from the Private Placement for the further exploration and development of the Bisie Tin Project.Says Tremont Master Holdings will be the sole purchaser of the Shares and, upon closing of the Private Placement, will own approximately 39.81% of the shares of the company on an undiluted basis. 

Company Quote

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