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Dynasty Metals & Mining Inc.

03:39 PM EST - Dynasty Metals & Mining Inc. : Announced the successful completion of its previously announced non-brokered private placement of common shares of the Company at a subscription price of $0.15 per Share, for aggregate gross proceeds of $4,000,000 U.S. and settlement of US$700,000 in debt owing to companies managed by Robert Washer, the former chief executive officer of the Company, in exchange for shares at a subscription price of $0.15 per Share. Dynasty Metals & Mining Inc. shares T.DMM are trading up $0.03 at $0.29.