7/25/2014 - 3:36 PM EST - Macarthur Minerals Limited : announced that the Company has closed its previously announced private placement of 11,200,000 shares of the Company at a price of $0.20 Australian per share to a private investor. The price per share is equal to approximately $0.204 Canadian per share, based on the Reserve Bank of Australia exchange rate on June 6, and represents approximately a 46% premium to the closing price of the Company's TSX-listed shares on June 6. Macarthur Minerals Limited
shares T.MMS are trading up $0.01 at $0.18.
