New Issue: Marengo Mining announces A$5.46 million private placement of stock

By Devika Patel

Knoxville, Tenn., Aug. 31 - Marengo Mining Ltd. announced it plans a A$5.46 million private placement of shares.

The company will sell 57,452,546 shares at A$0.095 each.

Marengo is a mining company based in West Perth, Western Australia.

Issuer:	Marengo Mining Ltd.
Issue:	Stock
Amount:	A$5,457,992
Shares:	57,452,546
Price:	A$0.095
Warrants:	No
Pricing date:	Aug. 31
Stock symbol:	Australia: MGO
Stock price:	A$0.105 at close Aug. 31

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