New York, June 30 - Atacama Minerals Corp. said it has agreed a C$27.5 million private placement of stock.
The company will sell 22 million shares at C$1.25 each.
Proceeds will be used for the development of the Aguas Blancas industrial minerals mine in Chile and for general working capital.
Based in Vancouver, B.C., Atacama is a mineral exploration company.
| Issuer: | Atacama Minerals Corp.
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| Issue: | Stock
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| Amount: | C$27.5 million
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| Shares: | 22 million
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| Price: | C$1.25
|
| Warrants: | No
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| Pricing date: | June 30
|
| Stock symbol: | TSX Venture: AAM
|
| Stock price: | C$1.36 at close June 30
|
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