12:07 PM EST - Anaconda Mining Inc. : Will be increasing the size of its non-brokered private placement previously announced on June 17. The Offering will now consist of up to 7,517,143 "flow-through" units of the Company at a price of $0.35 per FT Unit, and up to 7,848,148 units of the Company at a price of $0.27 per Unit, for aggregate gross proceeds of up to $4,750,000. Each FT Unit will consist of one common share, which qualify as "flow-through shares" within the meaning of the Income Tax Act (Canada), and one-half of one common share purchase warrant. Each Unit will consist of one common share and one-half of one Warrant. Anaconda Mining Inc.
shares T.ANX are trading down $0.01 at $0.29.
