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CA



Moneta Porcupine Mines Inc
Symbol C : ME
Shares Issued 157,752,420
Close 2012-03-26 C$ 0.265
Recent Sedar Documents

Moneta Porcupine closes $3-million bought deal

2012-03-27 11:35 ET - News Release

Mr. Ian Peres reports

MONETA ANNOUNCES CLOSING OF BOUGHT DEAL PRIVATE PLACEMENT FINANCING

Moneta Porcupine Mines Inc. has completed its previously announced brokered private placement financing (see press release on March 16, 2012) consisting of the sale and issue of 10 million common shares at 30 cents per share for aggregate gross proceeds of $3-million by Stonecap Securities Inc., as the lead underwriter of a syndicate including Industrial Alliance Securities Inc.

The net proceeds of the offering will be used for exploration at the company's Golden Highway project, working capital and general corporate purposes. The common shares issued under the offering are subject to a four-month hold period in Canada.

We seek Safe Harbor.

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