Resinco Capital Partners Inc.

10:06 AM EST - Resinco Capital Partners Inc. : Announced a non-brokered private placement of 20,000,000 units at an issue price of $0.31 per unit. Each unit will comprise one common share and one common share purchase warrant. Each Warrant will be exercisable to purchase one Share at an exercise price of $0.45 for a term of two years. Resinco Capital Partners Inc. shares (V.RIN) are trading down $0.12 at $0.51.