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Nortec Minerals Corp. Arranges Non-brokered Private Placement

June 1, 2010 @ 3:47 pm In Tin Company News

Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) reported will conduct a non-brokered private placement of up to 6,250,000 units at a price of $0.12 per Unit to raise total gross proceeds of up to $750,000, with an oversubscription clause of a further $187,500 funding comprising 1,562,500 units.

The press release is quoted as saying:

Nortec is a mineral exploration and development company based in Vancouver, British Columbia. The Company has an option to earn from Akkerman Exploration B.V., a 100% interest in the Seinäjoki-Gold-Antimony Property and Kaatiala Rare Earth-Beryllium-Tin-Lithium Property in western Finland. Nortec has a 100% interest in the Tammela Lithium-Tin-Tantalum Project in south-west Finland; a 100% interest in the LK Palladium-Platinum-Gold-Copper-Nickel Project (the combined Kaukua & Haukiaho Projects) in north-central Finland, a minimum 51% interest with an option to earn 100% interest in the TL Nickel-Copper-Cobalt Property in Northern Labrador, Canada; and, an option to acquire 51% interest in the Ganarin Gold-Silver Property, Ecuador.

Click here to access the entire press release [1]

Click here to access Nortec Minerals Corporate Site [2]


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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Nortec-Minerals-Corp-Arranges-Non-brokered-Private-Placement-TSX-VENTURE-NVT-1268531.htm

[2] Click here to access Nortec Minerals Corporate Site: http://www.nortecminerals.com

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