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Tango Mining closes private placement

The funds raised will be used for general working capital and corporate purposes.
Canadian dollars
Shares in Tango currently trade at four cents

Tango Mining Ltd (CVE:TGV) has closed a private placement of 5mln units at five cents per unit, raising just over C$250k.

The funds raised will be used for general working capital and corporate purposes.

Each unit placed comprises one common share and one transferable share purchase warrant; each warrant is exercisable into one common share at an exercise price of five cents per share, exercisable for a period of 12 months from the issue date.

 

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