MONTREAL, QUEBEC -- (Marketwire) -- 12/15/10 -- Cerro Resources NL (ASX: CJO) (TSX VENTURE: CJO) ('Cerro' or 'Company') is pleased to announce it has agreed to place a total of 35,000,000 fully paid and ordinary shares (the 'Shares') at a price of AUD$0.11 per Share to raise AUD$3,850,000. The placement is being made through Patersons Securities Limited ('PSL') of Australia to sophisticated and professional
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