11:17 AM EST - Monarch Mining Corporation : Has entered into an agreement pursuant to which Sprott Capital Partners LP and Stifel GMP as co-lead underwriters and joint bookrunners have agreed to purchase, on a "bought deal" private placement basis 6,250,000 units of the Corporation at a price of $0.80 per Unit for aggregate gross proceeds of $5,000,000. Monarch Mining Corporation
shares T.GBAR are trading down $0.02 at $0.84.
