RCF, Greenstone join $8 mln seed financing of Adventus Zinc

Adventus Zinc Corp, a recently formed Canadian mining company, has closed an $8 million seed financing. The investors include U.S. private equity firm Resource Capital Funds, U.K. private equity firm Greenstone Resources, and an affiliate of Altius Minerals Corp, a Canadian mining royalty business. Toronto-based Adventus, which acquired from Altius a portfolio of zinc exploration projects in Ireland and Canada, said the funds raised will be used to develop these assets and acquire new zinc projects. The company also filed a preliminary prospectus with Canadian regulators for a proposed $3 million initial public offering.

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