Anglo Canadian Closes Private Placement
(via Thenewswire.ca)
Anglo Canadian Mining Corp. ("Anglo Canadian" or the"Company") (TSX Venture: URA) is pleased to announce the closing of the previously announced private placement in the amount of $131,300. This financing consists of 815,000 non-flow through shares at $0.065 per share and 1,205,000 flow through shares at $0.065 per share. A total of 1,630,000 sharepurchase warrants with an exercise price of $0.10 per warrant have also been subscribed for. These warrants have a two-year term.
Proceeds from this financing will be used to further development at the Princeton Copper / Gold Project and general working capital.
About Anglo Canadian Mining Corp.
Anglo Canadian Mining is a junior mineral exploration company with copper, gold and uranium properties in Quebec, Colorado, British Columbia, and Yukon.For more information on the Company and its projects, please visit the website atwww.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807 Toll Free: 866 488 3838
E:len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2012 Thenewswire.ca - All rights reserved.