Minsud Resources closes above market non-brokered private placement for gross proceeds of $1.89 million

1 minute read
15 September 2015

On September 15, 2015, Minsud Resources Corp. (TSXV: MSR) announced the second closing of a non-brokered private placement offering of 5,780,000 units of Minsud for gross proceeds of $578,000.

Minsud had previously announced, on August 20, 2015, the receipt of gross proceeds of $1,312,478 from the first closing of the private placement. As a result, aggregate gross proceeds from the private placement now total $1,890,478.

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo-Ag-Au Project, in the Province of San Juan, Argentina. The company also holds a 100% owned portfolio of selected early stage prospects, including 18,000 has in Santa Cruz Province, Argentina.

Jeff Zabalet of Gowlings advised Minsud in this transaction.

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