Nautilus Minerals (TSX: NUS; OTCQX: NUSMF) completed new US $2M private placement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited
Kiwa Bio-Tech Products Group (OTCQB: KWBT) secured convertible note in the amount of RMB 30M from Junwei Zheng
Vinergy Resources Ltd. (CSE: VIN; OTCQB: VNNYF) intends to close a non-brokered private placement of up to 400,000 units at US $0.50 per unit for gross proceeds of up to US $200,000.
EQ Inc. (TSX-V: EQ) completed first tranche $764,892 non-convertible secured promissory note financing.
Jet Power & Controls completed $1.5M private placement brokered by Mackie Research Capital and Hampton Securities Limited
Alabama Graphite Corp. (TSX-V: CSPG; OTCQB: CSPGF; FSE: 1AG) has closed on its second and final tranche of previously announced non-brokered private placement, issuing 3,180,000 units at $0.15 per unit for gross proceeds of approximately $477,000. Together with the first tranche, the company raised approximately $1,326,000 through the issuance of 8,840,000 units.
Saville Resources Inc. (TSX-V: SRE) has increased its previously announced private placement to 16,666,666 units (post-consolidation) at $0.06 per unit for gross proceeds of up to $1,000,000.
Nevada Clean Magnesium, Inc. (TSX-V: NVM; FSE: M1V; OTCPK: MLYFF) has completed third and final tranche of previously announced private placement, raising $351,813 through the issuance of 7,036,260 units at $0.05 per unit. The company has raised $652,573 in aggregate through the issuance of 3,051,460 units.
Monarca Minerals Inc. (TSX-V: MMN) closed $1.72M 1st tranche of proposed private placement. Eric Sprott, through 2176423 Ontario Ltd., invested $400,010.
Prospero Silver Corp (TSX-V: PSL) has completed the $1.5 million strategic investment from Fortuna Silver Mines Inc. (TSX: FVI).