Toledo Mining has proposed placing to fund Berong Nickel Project

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Sat, Jul 18, 2009
Nickel Company News
Post by Melissa Pistilli, Nickel Senior Reporter

Toledo Mining plc declared that it has conditionally raised 3.36 million pursuant to a placing agreement between the company and Ambrian Partners Limited by way of a placing of 12,000,000 ordinary shares of 5 pence each in the share capital of the Company with new and existing shareholders at a price of 28 pence per Placing Share.

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