TransactionsCassels Brock Acts For Merc International Minerals Inc. As It Completes Its Final Tranche Of Private PlacementPublished: 06/20/2011 By Cathy L. Mercer, Michael Noonan, Alexander Pizale On March 29, 2011 Merc International Minerals Inc. ("Merc") announced that it completed the second and final tranche of a non-brokered private placement offering consisting of 250,000 units at $0.20 per Unit and 800,000 flow-through common shares at $0.25 per Flow-Through Share. Gross proceeds of this second tranche total approximately $250,000. When combined with the initial $9 million tranche previously announced on March 7, 2011, the aggregate amount raised totals $9.25 million. Cassels Brock acted for Merc with a team consisting of Cathy Mercer (Securities & Mining), Michael Noonan (Securities) and Alexander Pizale (Securities & Mining). |