Brief: Meridian Mining updates terms of private placement

Meridian Mining

28/04/2017 12:00

April 28 (Reuters) - Meridian Mining SE  MNO.V  
    * Meridian Mining updates terms of private placement 
    * Meridian Mining SE - placement offering of units of 
company, meridian has amended price per unit from C$0.70 to 
c$0.40 per unit 
    * Meridian Mining SE - offering is now up to 11.25 million 
units for aggregate gross proceeds of up to c$4.5 million 
    * Meridian Mining SE - company has also agreed with Paradigm 
Capital Inc to complete private placement as a non-brokered 
placement. 
    * Meridian Mining SE - net proceeds from private placement 
will be used alongside cash flow being generated by company's 
Jaburi manganese project 
 
Source text for Eikon:  ID:nCNWP5tnSa  
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