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Macarthur Minerals Limited

03:44 PM EST - Macarthur Minerals Limited : Announced the closing of the first tranche of a non-brokered private placement as announced on July 15. The subscriptions for tranche one totalled 12,017,998 units at a price of $0.02 per Unit for aggregate gross proceeds of $240,359.97. The Company intends to close tranche 2 of the Offering as soon as practicable. Macarthur Minerals Limited shares V.MMS are trading unchanged at $0.02.