03:31 PM EST - General Moly Inc. : has closed the private placement of units announced on December 23, consisting of senior convertible notes and warrants, for gross proceeds of $8.535 million. Proceeds from the offering are to be used for maintenance of the Mt. Hope Project, the Liberty Project, and general corporate purposes. General Moly Inc.
shares T.GMO are trading up $0.01 at $0.71.
