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TORONTO, ONTARIO--(Marketwired - May 21, 2013) - Ferrum Americas Mining Inc., (TSX VENTURE:FEM) ("Ferrum" or the "Company") is pleased to announce it has completed a non-brokered private placement of units (the "Units"). The Company issued 1,766,667 Units at a price of $0.15 per Unit for gross proceeds of $265,000. Each Unit consists of one common share of the Company and one full common share purchase warrant. |