(RTTNews) -  Anaconda Mining Inc. (ANX.TO: News , ANXGF.PK) said it closed non-brokered private placement financing with gross proceeds amounting to $500 thousand.

The company noted that the financing consisted of a unit offering of 3.33 million units at $0.15 per Unit. Each Unit consists of one common share of the company and one common share purchase warrant.
Each common share purchase warrant will entitle the holder to purchase one additional common share, for a period of 24 months following the date of closing of the private placement. The warrants have an exercise price of $0.25 per share.

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by RTT Staff Writer

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