Pinetree Capital invests further $1 mln in Latin American Minerals
Latin American Minerals Inc (TSXV: LAT), a Toronto-based company focused on acquisition and development opportunities in the mining sectors of Central and South America, has closed $1 million in new financing. The funds came from an existing backer, Canadian investment and merchant banking firm Pinetree Capital, which now holds up to 23.27 percent of the company's common shares. The net proceeds from the transaction will be used at Latin American Minerals' Paso Yobai gold project in Paraguay and for general working capital purposes.
14 July 2014•3 mins read
