Home : March 2012 : March 13, 2012 News : Nuinsco Resources Limited Completes Flow-Through Financing

Nuinsco Resources Limited Completes Flow-Through Financing

March 13, 2012

TORONTO, ONTARIO--(Marketwire - March 13, 2012) - Nuinsco Resources Limited ("Nuinsco" or the "Company") (TSX:NWI) (www.nuinsco.ca) announced today that, further to its press release dated February 21, 2012, it has completed a non-brokered private placement of an aggregate of 7,098,000 flow-through units (each, a "Unit") at a subscription price of $0.14 per Unit (the "Offering"). The Offering was completed in three tranches, with the Company issuing 6,821,500 Units on February 24, 2012, 276,500 Units on March 12, 2012 and 44,858 Units on March 13, 2012, for aggregate gross proceeds of approximately $1,000,000.

http://www.marketwire.com/mw/release.do?id=1631393&sourceType=3
Other Stories