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TORONTO, ONTARIO--(Marketwire - Oct. 19, 2012) - Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX:CFB) is pleased to announce that it has closed the second tranche of its previously announced $9.9 million non-brokered private placement, with the issuance in the second tranche of 1,575,566 Chieftain shares at $4.00 per share, to Procon Holdings (Alberta) Inc. ("Procon"), a majority owned subsidiary of China CAMC Engineering Co., Ltd. ("CAMCE" and, together with Procon, the "Strategic Partners"). |
