Brief: Brazil resources further increases size of private placement to $9 mln

GoldMining

08/11/2016 13:30

Nov 8 (Reuters) - Brazil Resources Inc  BRI.V  
    * Brazil resources - intends to use proceeds from private 
placement to bolster its ongoing acquisition strategy and for 
general working capital needs 
    * Increased size of its previously announced private 
placement to 3.6 million units at a price of $2.50 per unit 
    * Brazil resources further increases size of private 
placement to $9.0 million and announces closing of initial 
tranche of $6.4 million 
 
Source text for Eikon:  ID:nCNWwbKdla  
Further company coverage:  BRI.V  
 
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