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TUCSON, ARIZONA--(Marketwire - Jan. 18, 2012) - Zoro Mining Corp. ("Zoro" the "Company") (OTCBB:ZORM) is pleased to announce it has completed a non-brokered private placement (the "Offering") of 7,866,666 (the "units") at $0.15 per Unit, for total gross proceeds of $1,180,000. Each Unit consist of one common share in the capital of the Company (each, a "Common Share") and one half common share purchase warrant (each, a "Warrant") entitling the purchaser to acquire one additional Common Share at the exercise price of $0.25 per Common Share until December 13, 2013. |
