By Susanna Moon
Chicago, July 9 - Dragon Mining Ltd. said it closed a A$5.1 million private placement of stock.
The company issued 51 million shares at A$0.10 each.
Proceeds will be used for working capital.
Dragon Mining is a gold mining and development company based in Perth, Australia.
| Issuer: | Dragon Mining Ltd.
|
| Issue: | Stock
|
| Amount: | A$5.1 million
|
| Shares: | 51 million
|
| Price: | A$0.10
|
| Warrants: | No
|
| Settlement date: | July 9
|
| Stock symbol: | Australia: DRA
|
| Stock price: | A$0.12 at close July 6
|
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