Nippon Dragon Resources announces that it closed the first tranche of its previously announced non-brokered private placement through the issuance of 7,140,000 Hard Dollar Units at the price of 0.05 per Unit and 24,840,000 Flow-Through Units at the price of 0.05 per FT Unit for the total of gross proceeds of $1,599,000.00. Each HD Unit is comprised
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