Capitan Mining Inc. is pleased to announce that it has closed the first tranche of the previously announced $3,200,000 non-brokered private placement . This first tranche consists of 13,000,000 Common Shares at a price of CAD$0.20 per share for total proceeds of $2,600,000. The second and final tranche of 3,000,000 shares at a price of CAD$0.20 per
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