American CuMo Mining Updates Shareholders
American CuMo Mining Corporation (TSXV:MLY) (OTC Pink:MLYCF) (“CuMoCo” or the “Company”) announces that it is closing the first tranche of a non-brokered private placement (the “Private Placement”) of Units (the “Units”). The Company intends to raise up to two million dollars through the sale of up to 20 million Units at a price of $0.10 per Unit. Each Unit consists of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”) exercisable to purchase an additional common share of the Company (a “Warrant Share”) at a price of $0.15 per Warrant Share for a period of two [...]