Geo Minerals is pleased to announce that it has closed its private placement previously announced in a news release dated April 5, 2011. Pursuant to the Private Placement the Company issued 18,333,332 units at a price of $0.06 per Unit, for gross proceeds of $1,100,000. Each Unit is comprised of one common share and one non-transferable common share purchase warrant. Each whole Warrant entitles the holder to purchase
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