10:39 AM EST - Rubicon Minerals Corporation : Has entered into an agreement with Cormark Securities Inc. to act as lead underwriter of a syndicate of underwriters, pursuant to which the Underwriters shall purchase 4,200,000 common shares of the Company that qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada) at a price of $1.43 per Flow-Through Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of $6,006,000. The Company has also granted the Underwriters an option, exercisable in whole or in part, up to 48 hours prior to the closing of the Offering, to purchase up to an additional 630,000 Flow-Through Common Shares at the Offer Price. Rubicon Minerals Corporation
shares T.RMX are trading down $0.08 at $1.07.
