San Marco Resources Inc.(TSXV:SMN) announced the completion of the first tranche of a non-brokered private placement. The Company sold 3,060,000 units for gross proceeds of $306,000.
As quoted in the press release:
The proceeds of the placement will be used for continued drill target definition on San Marco’s 100% owned Los Carlos II gold-silver property, drill target identification on its recently acquired Angeles property, and general working capital.
Click here to read the San Marco Resources Inc. (TSXV:SMN) press release
Click here to see the San Marco Resources Inc. (TSXV:SMN) profile