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TORONTO, ONTARIO--(Marketwired - Dec. 5, 2013) - First Bauxite Corporation ("First Bauxite" or the "Company") (TSX VENTURE:FBX) (FRANKFURT:FBI) (BERLIN:FBI) is pleased to announce that, further to its news release issued November 25, 2013, it has now closed the non-brokered private placement (the "Private Placement") to Resource Capital Fund V LP ("RCF") of 40,000,0000 common shares at a price of $0.125 per common share raising a total of $5,000,000. |