Probe Mines closes private placement
Probe Mines Limited (TSX VENTURE:PRB) reported the closing of the recently announced private placement financing for gross proceeds of $250,000 consisting of the sale of 500,000 Units sold at $0.50 per Unit.
The press release is quoted as saying:
The private placement was completed with Pinetree Resource Partnership (“Pinetree”) which currently owns 4,500,000 common shares of Probe representing 13.4% of the 33,566,472 issued and outstanding common shares. Upon closing of the proposed financing, Pinetree owns 5,500,000 common shares of Probe on a fully diluted basis representing 14.1% of the issued and outstanding common shares.
Click here to access the entire press release
Click here to access Probe Mines Corporate Site
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Thu, Feb 4, 2010
Post by Melissa Pistilli, Gold Senior Reporter