02:58 PM EST - Wellgreen Platinum Ltd. : Has closed the first tranche of its previously announced private placement with Electrum Strategic Opportunities Fund L.P. for gross proceeds to the company of $2,800,000. 14,000,000 units were issued to Electrum in the First Tranche. The units are comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle Electrum to purchase one common share in the capital of Wellgreen Platinum at a price of $0.27 for a period of five years following the closing of the First Tranche. Wellgreen Platinum Ltd.
shares T.WG are trading unchanged at $0.25.
