Ms. Marilyn Miller reports
MEGA COPPER LTD CLOSES PRIVATE PLACEMENT
Mega Copper Ltd. has closed its previously announced non-brokered
private placement. The private placement consists of a total of four million common shares
at a price of 7.5 cents per share for gross proceeds of $300,000.
Proceeds from the private placement will be used to advance the company's 100-per-cent-owned
Quesnel Lake East project and for general working capital. There were no finders' fees
paid in connection with the offering.
The securities issued in connection with the private placement are subject to a four-month
hold period from the closing of the private placement, in accordance with applicable
securities laws.
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