Ferrum Americas Mining Inc Closes Private Placement Financing
Ferrum Americas Mining Inc announced that it has completed a non-brokered private placement of units (the Units). The Company issued 1,766,667 Units at a price of $0.15 per Unit for gross proceeds of $265,000. Each Unit consists of one common share of the Company and one full common share purchase warrant. Proceeds from the private placement will be used for general corporate purposes.
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