By Sheri Kasprzak
New York, Sept. 12 - Mirabela Nickel Ltd. said it has priced a A$1.32 million private placement of stock.
The company intends to sell 2.2 million shares at A$0.60 each.
Dundee Resources Ltd. is the placement agent.
The proceeds will be used for drilling at the Santa Rita nickel sulphide deposit and for a feasibility study on that property.
Based in West Perth, Western Australia, Mirabela is a mineral exploration company.
| Issuer: | Mirabela Nickel Ltd.
|
| Issue: | Stock
|
| Amount: | A$1.32 million
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| Shares: | 2.2 million
|
| Price: | A$0.60
|
| Warrants: | No
|
| Placement agent: | Dundee Resources Ltd.
|
| Pricing date: | Sept. 12
|
| Stock price: | A$0.60 at close Sept. 12
|
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