Alphamin Announces Completion of US$8.5 Million Private Placement MAURITIUS – 17 October 2016 – Alphamin Resources Corp. (AFM: TSXV, “Alphamin” or the “Company”) is pleased to announce that it has completed its previously announced non-brokered private placement of common shares (“Shares”) raising gross proceeds of approximately US$8.5 million (C$11,004,999) from the sale of 36,683,329 common shares at a price of C$0.30 per share (the “Offering”). All Shares sold in the Offering are subject to a four-month hold period in Canada expiring on February 15, 2016. Net ...
[ more ]
