Close of $10 mln deal gives Greenstone 28 pct of Excelsior shares
Canadian mineral exploration company Excelsior Mining Corp (TSXV: MIN) has completed the second tranche of a US$10 million equity financing provided by U.K.-based private equity firm Greenstone Resources. As a result, Greenstone now holds approximately 28.2 percent of Excelsior's issued and outstanding common shares, and has seen its second nominee appointed to the company's board of directors. The Vancouver-based Excelsior is developing a copper project within the copper porphyry belt of Arizona.
21 October 2014•6 mins read
