$1.95 million pp closedCOMPANY COMPLETES $1,950,000 PRIVATE PLACEMENT
Armadillo Resources Ltd. has completed the private placement of $1.95-million announced in Stockwatch on Feb. 16, 2011. The finances raised will be used to explore the newly acquired Amazon basin project in Brazil and to further develop the Waverley-Tangier gold/silver/lead/zinc project in British Columbia, and for general corporate use.