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Probe Mines closes private placement
February 4, 2010 @ 10:34 am In Gold Company News
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.
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URL to article: http://goldinvestingnews.com/3021/probe-mines-closes-private-placement.html
URLs in this post:
[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Probe-Mines-Announces-Closing-of-250000-Non-Brokered-Private-Placement-TSX-VENTURE-PRB-1111623.htm
[2] Click here to access Probe Mines Corporate Site: http://www.probemines.com/s/Home.asp
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