Brief: Alphamin Announces $12 Mln Non-Brokered Private Placement

Alphamin Resources

19/03/2019 17:30

March 19 (Reuters) - Alphamin Resources Corp  AFM.V :
    * ALPHAMIN ANNOUNCES PROPOSED USD12 MILLION NON-BROKERED
PRIVATE
PLACEMENT
    * ALPHAMIN RESOURCES CORP - INTENDS TO PROCEED WITH A
NON-BROKERED
PRIVATE PLACEMENT OF UP TO 79.8 MILLION EQUITY UNITS
    * ALPHAMIN RESOURCES CORP - DETERMINED TO FUND ANTICIPATED
WORKING
CAPITAL SHORTFALL WITH EQUITY THROUGH PROPOSED OFFERING INSTEAD
OF DEBT
    * ALPHAMIN RESOURCES CORP - PREVIOUSLY ANNOUNCED PROPOSED
WORKING
CAPITAL FACILITY FROM ITS LENDERS IS NOT BEING PROCEEDED WITH.

Source text for Eikon:  ID:nGNX8zRtT4 
Further company coverage:  AFM.V 

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