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Magellan Minerals Ltd MAGNF

"Magellan Minerals Ltd is an exploration stage company. The Company along with its subsidiaries is engaged in the exploration and development of mineral properties, with a focus on gold properties in Brazil."


OTCPK:MAGNF - Post by User

Post by JMNon Nov 25, 2015 8:00am
293 Views
Post# 24322928

Magellan Closes $355,000 Non-Brokered Private Placement

Magellan Closes $355,000 Non-Brokered Private Placement

Magellan Closes $355,000 Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - Magellan Minerals Ltd. (TSX VENTURE:MNM) ("Magellan") is pleased to announce that it has completed a non-brokered private placement financing of 7,100,000 units (the "Units") of the Company at a price of $0.05 per Unit, for gross proceeds of $355,000. Each Unit consists of one common share and one non-transferable share purchase warrant. Each warrant is exercisable into one additional commonRead More


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