Day: March 9, 2012

San Marco Raises $320,000 in Private Placement

San Marco Resources Inc. announces that it has completed a non-brokered private placement of 2,133,334 units at $0.15 per unit for gross proceeds of $320,000. Finders’ fees equal to 6% of the gross proceeds were paid in cash or shares. The shares issued in the placement, and any shares issuable on exercise of the warrants, are subject to a four month restricted resale period expiring on July 9, 2012.

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