Brief: Silver Mines Announces Placement To Raise A$18 Million
Feb 10 (Reuters) - Silver Mines Ltd SVL.AX :
* PLACEMENT TO RAISE A$18 MILLION
* PLACEMENT WAS CONDUCTED AT AN ISSUE PRICE OF A$0.16 PER
SHARE
* FUNDS RAISED UNDER PLACEMENT WILL BE USED PRIMARILY FOR
PROGRESSION OF AND PRE-DEVELOPMENT EXPENSES FOR BOWDENS SILVER
PROJECT
Source text for Eikon: ID:nASX6mNWF1
Further company coverage: SVL.AX
((Reuters.Briefs@thomsonreuters.com;))
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