Latest News October, 2011
October, 2011
Private Placement
Vancouver, BC – October 21, 2011
Pro Minerals Inc. (TSX.V Symbol – “PRM”), and it’s Board Of Directors are pleased to announce that the Company has arranged, subject to regulatory approval, a private placement of 6,400,000 units at a price of $0.05 per unit for total proceeds of $320,000.00. Each unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of 5 years at a price of $0.10 per share. The proceeds from the financing will be used for general working capital purposes.
AGM Report
Vancouver, B.C. – Tuesday, October 11th, 2011
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to report that all of Management’s proposed recommendations submitted for approval by the Company’s shareholders at the Company’s Annual General Meeting (“AGM”) held October 11, 2011 were unanimously approved.