Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) today reported that the company has closed the first tranche of a non-brokered private placement announced October 5, 2009.
The press release is quoted as saying:
The Flow Through proceeds from this financing are being used to explore and develop the Company’s Silver King project located in Nelson, British Columbia and the Sturgeon Lake project in Ontario.
