03:46 PM EST - Acadian Mining Corp. : and Golden River Resources Corporation announced the completion of a private placement from treasury of 49.23 million shares of Acadian to Golden River at a price of $0.03 per common share for aggregate proceeds to Acadian of $1.47 million. Acadian intends to use the net proceeds of the private placement for its aggressive gold exploration program which is about to commence at Fifteen Mile Stream and will continue work on its other gold properties. Acadian Mining Corp.
shares T.ADA are trading up $0.005 at $0.04.
