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Home : Afri-Can Closes Second Tranche of Financing for $1.4 Million
Aug 08
2012

Afri-Can Closes Second Tranche of Financing for $1.4 Million

MONTREAL, QUEBEC--(Marketwire - Aug. 7, 2012) - Afri-Can Marine Minerals Corporation ("Afri-Can" or the "Corporation") (TSX VENTURE:AFA) announces that it has closed a second tranche of $1,000,000 of the brokered private placement announced on April 12th and 20th, 2012, through Trinity Assets Management International Ltd. ("Trinity"). The closing of a further $1,000,000 related to the brokered placement is expected shortly. The Corporation also raised an additional $435,480 by way of a non-brokered private placement. To date, the Corporation has raised aggregate gross proceeds of $2,435,480 from private placements.
Source:http://www.marketwire.com/mw/release.do?id=1688094&sourceType=3
 
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