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Published on 12/31/2009 in the Prospect News PIPE Daily.

New Issue: Legend Mining sells A$3.6 million of stock through private placement

By Devika Patel

Knoxville, Tenn., Dec. 30 - Legend Mining Ltd. said it raised A$3.6 million in an private placement of shares.

The company sold 120 million shares at A$0.03 per share.

Legend is a mining company based in West Perth, Australia.

Issuer:Legend Mining Ltd.
Issue:Shares
Amount:A$3.6 million
Shares:120 million
Price:A$0.03
Warrants:No
Settlement date:Dec. 30
Stock symbol:Australia: ROL
Stock price:A$0.036 at close Dec. 30

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