11:41 AM EST - Mindoro Resources Ltd. : said that pursuant to the second and final closing of a private placement announced June 6, it received gross proceeds of approximately $2.7 million from the sale of 13.16 million units. Combined with the first closing on July 9, the company received total proceeds of approximately $4.0 million, including approximately $2.1 million from IFC, a member of the World Bank Group, and approximately $1.4 million from other institutional shareholders including Asian Lion Ltd and Lion Selection Group. Mindoro Resources Ltd
shares V.MIO are trading down $0.005 at $0.19.
