Paragon Minerals closes private placement

Paragon Minerals Corporation (TSX VENTURE:PGR) reported that it has completed the flow-through portion of a non-brokered private placement, and has issued 5,333,330 flow-through Units (“FT Unit”) at a purchase price of $0.15 per FT Unit for gross proceeds of $800,000.

The press release is quoted as saying:

Paragon Minerals Corporation is a Canadian-based mineral exploration company focused on gold, copper, lead, zinc, and silver in eastern Canada.

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Click here to access Paragon Minerals Corporate Site