Amur Minerals Corporation (“Amur” or the “Company”), an exploration and development company focused on Far East Russia, announces that it has it has entered into a placing agreement to raise £2,023,101 by way of a placing of 38,535,276 ordinary shares (the “Placing Shares”) at 5.25p each. The funds were raised by Hybridan LLP.
Concurrent with the fund raising, additional exploration results were obtained indicating that there is substantial potential to expand the resource within the largest deposit drilled at Kun-Manie, Ikenskoe.
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