By Laura Lutz
Des Moines, Aug. 13 - Exmin Resources Inc. completed a private placement of shares for C$3.15 million.
Hochschild Mining Holdings Ltd., a subsidiary of Hochschild Mining plc, bought 7.875 million common shares of Exmin for C$0.40 per share.
The placement was non-brokered.
Proceeds will be used for operations at the company's Santa Maria de Moris mine.
Exmin is a precious metal exploration company based in Vancouver, B.C.
| Issuer: | Exmin Resources Inc.
|
| Issue: | Common shares
|
| Amount: | C$3.15 million
|
| Shares: | 7.875 million
|
| Price: | C$0.40
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Investor: | Hochschild Mining Holdings Ltd.
|
| Settlement date: | Aug. 13
|
| Stock symbol: | TSX Venture: EXM
|
| Stock price: | C$0.53 at close Aug. 10
|
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