Brief: Moneta Porcupine Mines announces C$7.0 million bought deal private placement
16/08/2016 21:38
Aug 16 (Reuters) - Moneta Porcupine Mines Inc ME.TO
* Moneta Porcupine Mines Inc. announces C$7.0 million bought
deal private placement
* Says underwriters agreed to purchase 15.2 million
flow-through units at a price of $0.395 per FT unit
* Says underwriters to purchase 3.3 million units at a price
of C$0.30 per unit
* Net proceeds from sale of units will be used to fund
exploration and development of co's mineral properties, among
others
Source text for Eikon: ID:nCCN16Hjmq
Further company coverage: ME.TO
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