Duluth Metals intends to price C$10 million private placement of stock

Barclays will assist in funding development of the Twin Metals Project

By Devika Patel

Knoxville, Tenn., March 10 - Duluth Metals Ltd. said it plans to conduct a C$10 million private placement of stock on a best-efforts basis through Barclays.

The expected closing date is on or about March 18.

Proceeds will be used for development of the Twin Metals Project and general corporate purposes.

Duluth is a copper, nickel and platinum exploration company based in Toronto.

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