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Rubicon may conduct private placement of units
By Sheri Kasprzak
New York, Feb. 23 - Rubicon Minerals Corp. said it intends to conduct a private placement of units as part of a potential acquisition of mineral properties.
The terms of the offering have not been set, but the deal is expected to be comprised of units.
Rubicon is a Vancouver, B.C.-based gold exploration company.
On Friday, the company's stock gained 11.84%, or 9 cents, to settle at C$0.85 (Toronto: RMX).
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