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American Manganese Inc.

03:54 PM EST - American Manganese Inc. : said it completed the offering whereby it issued 4.61 million units at a price of $0.22 per unit for gross proceeds of $1.01 million. Each unit consists of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant would entitle the holder to acquire one common share at a price per common share of $0.30 for a period of 24 months following the date of closing of the offering. American Manganese Inc. shares V.AMY are trading even at $0.20.