Zincore Metals closes US$12 million private placement

On November 9, 2010, Zincore Metals Inc. (TSX and BVL: ZNC) announced that it had closed a brokered private placement of common shares at a price of $0.45 per common share for gross proceeds of $12,015,000. TD Securities Inc. acted as the sole agent on this financing. Zincore is a Vancouver-based mineral exploration company focused mainly on zinc and related base metal opportunities in Peru and Canada. The company's common shares trade on both the Toronto and Lima Stock Exchanges. Blair Horn and Mark Hawkins of Fasken Martineau advised Zincore in this transaction.