Manicouagan Minerals completes $4.2 million private placement
On March 15, 2005, Manicouagan Minerals Inc. (TSXV: MAM) announced that it had closed its previously announced private placement. A syndicate of agents led by First Associates Investments Inc. brokered the subscription of 12,500,000 units and 6,800,000 flow-through common shares for aggregate gross proceeds of $4.2 million.
Manicouagan Minerals was advised in this transaction by Martin Gagné and Ianny Xénopoulos of Fasken Martineau.