Brief: Monarch Mining Corp Announces Marketed Private Placement Offering
March 16 (Reuters) - Monarch Mining Corp GBAR.TO :
* MONARCH MINING CORPORATION ANNOUNCES MARKETED PRIVATE
PLACEMENT
OFFERING
* MONARCH MINING CORP - PRIVATE PLACEMENT MARKETED OFFERING
OF
UNITS FOR GROSS PROCEEDS TO CO OF UP TO ABOUT C$10 MILLION AT A
PRICE C$0.60 PER UNIT
* MONARCH MINING - NET PROCEEDS OF OFFERING WILL USED BY CO
TO
FUND DEVELOPMENT EXPENDITURES AT BEAUFOR MINE AND BEACON MILL
Source text for Eikon: ID:nGNX68mgM
Further company coverage: GBAR.TO
((Reuters.Briefs@thomsonreuters.com;))
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