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Manicouagan Minerals closes flow-through private placement with MineralFields

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Manicouagan Minerals Inc.

On December 15, 2010, Manicouagan Minerals Inc. (TSX VENTURE:MAM) announced that it had closed the previously announced non-brokered private placement with the MineralFields Group and certain individuals for gross proceeds of $500,000 through the sale of 10,000,000 flow-through units.Manicougan was advised in this transaction by Jean M. Gagné, Martin Gagné and Jean-Gabriel L'Écuyer of Fasken Martineau.


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