Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to announce that it has closed the second tranche of its previously announced brokered private placement (the "Offering"). Closing of subsequent tranches of the Offering will be subject to certain conditions, including the final approval of each tranche by the TSX Venture Exchange. Pursuant to the terms of the agency agreement between Mackie Research Capital Corp. ("MRCC"), Salman Partners Inc. and the Company dated February 12, 2013 (the "Agency Agreement"), the Company has completed the second tranche of the Offering and issued 14.5 million common shares at an issue price of $0.50 per common share (the "Issue Price") for gross proceeds of $7.25million.
Monument Mining is a natural resource company engaged in the acquisition, exploration, development and operation of gold mineral property interests. Monument Mining is a natural resource company engaged in the acquisition, exploration, development and operation of gold mineral property interests.
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