Kenorland Closes $5.2 Million Strategic Investment By Sumitomo : vimarsana.com

TSX Venture Exchange Trading Symbol: KLD Kenorland Minerals Ltd. is pleased to announce the closing of a $5.2 million strategic investment by Sumitomo Metal Mining Canada Ltd. . Sumitomo subscribed for and purchased 5,211,945 common shares at a price of $1.00 per share for aggregate gross proceeds of $5,211,945 resulting in Sumitomo owning approximately 10.1% of the Company's outstanding common shares. The proceeds ...

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