Creston Moly Receives $3.36M From Exercise of Warrants
Creston Moly Corp. (TSX VENTURE:CMS) today announced that 22,423,000 warrants have been exercised under the terms of the previously announced incentive program adding $3,363,450 to Creston’s treasury.
The press release is quoted as saying:
The proceeds of the financing will be used to further advance the El Creston molybdenum project in Sonora, Mexico. An 18-hole first phase drill program is expected to commence in mid January 2010.
Click here to access the entire press release
Click here to access Creston Moly Corporate Site
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Thu, Dec 17, 2009
Post by Melissa Pistilli, Moly Senior Reporter