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Aquila Resources Inc.

09:55 AM EST - Aquila Resources Inc. : announced today that it has closed a previously announced financing transaction with Orion Mine Finance including a private placement and a silver purchase agreement for total funding of $20.75 million U.S. Proceeds from the Transaction will be used to fund the next stage of development at Back Forty, including the completion of permitting activities, a feasibility study and additional exploration. Aquila Resources Inc.
shares T.AQA are trading unchanged at $0.17.