Completion of Capital Raising
Sydney, Jan 16, 2013 AEST (ABN Newswire) - Indochine Mining Limited (
ASX:IDC) is pleased to announce the successful capital raising of $7 million via private placement of 64 million new IDC shares at $0.11 per share with existing institutional and sophisticated investors. The placement will be finalised and shares allotted on Tuesday, 22 January 2013. The funds will be used for activities in connection with the recent ongoing drilling of "bonanza" gold zones, resource extensional drilling and working capital.
View the Indochine Mining announcement at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-IDC-716301.pdf
Contact
Indochine Mining Limited
T: +61-2-8246-7007
F: +61-2-8246-7005
WWW: www.indochinemining.com
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