Finalisation of Capital Raising
Sydney, June 17, 2013 AEST (ABN Newswire) - Indochine Mining Limited (
ASX:IDC) is pleased to announce the finalization of a capital raising of $3,850,000 million via private placement of 55,000,000 new IDC shares at $0.07 per share with existing institutional and sophisticated investors (before costs).
The placement was finalised on Monday, 17 June 2013. The funds will be used for focused drilling of high grade "bonanza" gold zones at Indochine's Mt Kare Gold/Silver Project in PNG and working capital.
To view the full release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-IDC-740320.pdf
Contact
Indochine Mining Limited
T: +61-2-8246-7007
F: +61-2-8246-7005
WWW: www.indochinemining.com
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