By Sheri Kasprzak
New York, Jan. 17 - Atlas Mining Co. concluded a $2 million private placement.
The company sold 1,481,482 shares at $1.35 each to an investment fund.
The offering was not brokered.
Based in Osburn, Idaho, Atlas is a mineral exploration and timber-harvesting company focused on properties in Idaho and Utah.
| Issuer: | Atlas Mining Co.
|
| Issue: | Stock
|
| Amount: | $2 million
|
| Shares: | 1,481,482
|
| Price: | $1.35
|
| Warrants: | No
|
| Placement agent: | Non-brokered
|
| Settlement date: | Jan. 10
|
| Stock symbol: | OTCBB: ALMI
|
| Stock price: | $1.70 at close Jan. 10
|
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