7/21/2014 - 11:56 AM EST - Arena Minerals Inc. : has closed its previously announced non-brokered private placement financing of 10,000,000 units at a price of $0.20 per unit for gross proceeds of $2,000,000. Each unit is comprised of one common share of the Company and one-half of one share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share of the Company at an exercise price of $0.35 per common share until July 18, 2016. Arena Minerals Inc.
shares V.AN are trading unchanged at $0.21.