Brief: Volcanic proposes $5.0 million private placement
Jan 31 (Reuters) - Volcanic Gold Mines Inc VG.V
* Volcanic proposes $5.0 million private placement
* Volcanic Gold Mines Inc - it proposes to complete a
non-brokered private placement financing of up to 12.5 million
units at $0.40 per unit
* Volcanic Gold Mines Inc - proceeds of placement are
intended to be used for exploration of recently acquired
mandiana project located in guinea
Source text for Eikon: ID:nCCN2YjGLK
Further company coverage: VG.V
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Brief: Volcanic proposes $5.0 million private placement