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Probe Metals Inc.

10:02 AM EST - Probe Metals Inc. : Announced that, due to increased investor demand, the Company is increasing its previously announced private placement to up to $13.38 million from up to $5.26 million. The Offering will now consist of up to 8,383,750 Non-Flow Through Units of the Company at a price of $0.95 per Non-Flow Through Unit for gross proceeds of up to $7.97 million and up to 3,616,250 Flow Through Units of the Company at an average price of $1.50 per Flow Through Unit for gross proceeds of up to $5.41 million. Probe Metals Inc. shares V.PRB are trading down $0.04 at $1.10.