News
News Releases
| February 04, 2010 Private Placement First Tranche Closed | |
| Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the "Company") announces that it has closed the first tranche of the private placement announced on December 23, 2009. The Company issued 5,578,000 units for gross proceeds of $278,900. Each unit consists of one share and one share purchase warrant with each share purchase warrant entitling the holder to purchase one common share for a period of six months from closing at $0.10 per share and $0.15 for the next eighteen months. The securities have a four month hold period until May 29, 2010. The balance of the announced private placement of $221,100 is expected to close by February 19, 2010. The proceeds from this private placement will be used for general working capital and expenditures on the Company's El Pulpo property located in Sinaloa State, Mexico. To find out more about Ross River Minerals (TSX-V: RRM) visit our website at www.rossriverminerals.com. ROSS RIVER MINERALS INC. Per: "Marcus N. Foster" Marcus N. Foster, President The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this release. | |
You can view the Next News Releases item: Tue Feb 9, 2010, New Director You can view the Previous News Releases item: Wed Dec 23, 2009, New Financing You can return to the main News Releases page, or press the Back button on your browser. |
