12:40 PM EST - Monterey Minerals : Announces the closing of a non-brokered private placement offering. The Financing consisted of 5,530,000 Units of the Company, issued at price of $0.25 per Unit for gross proceeds of $1,382,500. The proceeds of the Financing will be used to reduce debt and for general working capital purposes. Monterey Minerals
shares C.MREY are trading unchanged at $0.72.