03:41 PM EST - Virginia Mines Inc. : confirmed the closing of the private placement announced on May 8, 2012, which consisted of the issue of 190,000 flow-through common shares at a price of $15.50 per share, which represents 79% premium to the 10-day volume weighted average trading price of the common shares of Virginia on the Toronto Stock Exchange for the period ending May 31, resulting in gross proceeds of $2,945,000. National Bank Financial Inc. acted as agent for the offering and was paid a cash fee equal to 6% of the gross proceeds. Virginia Mines Inc.
shares T.VGQ are trading up $0.12 at $8.89.
