Minera Alamos Inc. has closed the second tranche of a brokered private placement financing with IBK Capital Corp. The aggregate gross proceeds of the private placement has now been increased to $335,000.
Keith Neumeyer, Chairman of First Mining said, I would like to take this opportunity to personally welcome Coastal Gold shareholders into our company. We have many exciting plans. The acquisition of Coastal Gold and its 100% owned Hope Brook Gold Project is an attractive and strategic addition for First Minings portfolio. The transaction provides Coastal Golds shareholders with exposure to First Minings large portfolio of mineral projects as well as one of the most respected teams of management in the mining sector.
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