Windarra (WRA.V) Closes Private Placement
22 September 2010 - 12:25AM
Marketwired Canada
Windarra Minerals Ltd. (TSX VENTURE:WRA) has completed the non-brokered private
placement previously announced on August 20, 2010. The Company raised $165,450
through the sale of 1,103,000 flow-through units of its securities at a price of
$0.15 per unit. Each unit consists of one flow-through common share and one
common share purchase warrant entitling the holder to subscribe for one
additional common share at a price of $0.20 for a period of two years from
closing. The securities of the Company issued pursuant to the private placement
are subject to a Canadian hold period expiring on January 22, 2011.
Proceeds received from the private placement are intended to be used to continue
exploration work on the Company's Mishi leases in Ontario.
On behalf of the Board of Directors
John Pallot, President
Windarra Minerals Ltd. (TSXV:WRA)
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