Constantine Metal Resources Ltd
SymbolCEM
Shares Issued60,791,772
Close 2009-11-26C$ 0.24
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Constantine Metal closes $1.4-million private placement

2009-11-27 09:32 ET - News Release

Mr. Aris Morfopoulos reports

CONSTANTINE METAL RESOURCES LTD.: $1.4 MILLION UNIT FINANCING CLOSED

Constantine Metal Resources Ltd.'s non-brokered unit private placement has closed. The company has issued seven million units at a price of 20 cents per unit for gross proceeds of $1.4-million. The units consist of one share and one-half of a warrant.

Each warrant entitles the holder thereof to purchase one share at an exercise price of 30 cents per warrant share for a period of two years.

In addition, the company has issued 217,500 units and 217,500 compensation warrants to a finder. The finder's compensation warrants are exercisable at a price of 30 cents per warrant for a period of one year.

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