North American Tungsten private placement

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Mon, Nov 23, 2009
Tungsten Company News
Post by Melissa Pistilli, Tungsten Senior Reporter

North American Tungsten Corporation Ltd.(TSX VENTURE:NTC) today announced that the company has negotiated a non-brokered Private Placement of 20,433,333 common shares at a price of CAD$0.15 per share for proceeds of CAD$3,065,000.

The press release is quoted as saying:

The proceeds of the private placement will be used for working capital. The Private Placement is subject to regulatory approval.

Click here to access the entire press release

Click here to access North American Tungsten Corporate Site

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