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Mako Mining Corp.

10:39 AM EST - Mako Mining Corp. : Announced the successful completion of the previously announced rights offering which expired on July 15, raising total aggregate gross proceeds of approximately $27,001,718. Upon closing, the Company issued a total of 270,017,178 common shares of the Company under the Offering at a price of $0.10 per Common Share. An aggregate of 180,928,486 Common Shares were issued under the basic subscription privilege and an aggregate of 89,088,692 Common Shares were distributed under the additional subscription privilege. Mako Mining Corp. shares V.MKO are trading up $0.005 at $0.12.