Candorado Closes $100,000 Non-Brokered Private Placement
Candorado Operating Company Ltd. (TSX VENTURE:CDO)(FRANKFURT:HQU)(BERLIN:HQU) reported that the company has received TSX Venture Exchange final approval on February 16, 2010, for a non brokered private placement of 2,000,000 units at a price of $0.05 per unit for total proceeds of $100,000.
The press release is quoted as saying:
Candorado is pleased to announce completion of a comprehensive review of its mining tenures. Candorado will be advancing four key projects this year. The Man-Prime, Eldorado, Murphy Lake copper-gold alkalic porphyry targets in British Columbia and the Quebec lithium project are targets for the Company’s immediate focus.