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Closes $15 Million Flow-Through Financing
posted on
Apr 28, 2009 11:43AM
April 28, 2009
FNX Closes $15 Million Flow-Through Financing
TORONTO, ONTARIO--(Marketwire - April 28, 2009) - FNX Mining Company Inc. (TSX:FNX) (the "Company") is pleased to announce that it has closed its previously announced private placement financing through the issuance of 2,173,914 flow-through common shares of the Company at a price of $6.90 per share for gross proceeds of approximately $15 million (the "Offering"). Primary Capital Inc. acted as agent for the Offering. The proceeds of the Offering will be used for Canadian Exploration Expenses related to the exploration of the Company's Canadian properties located in Ontario.
