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Duran Ventures Announces Second Closing of Private Placement Financing (Duran Ventures Inc)

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(Source: Duran Ventures Inc) Duran Ventures Inc. (TSXV: DRV; BVL: DRV) ('Duran' or the 'Company') is pleased to announce that it has completed the second tranche of its previously announced $1,170,000 non-brokered private placement financing (the 'Offering'). The second tranche of the Offering consisted of 1,180,000 units (the 'Units') at $0.09 per Unit for gross proceeds of $106,200. Each Unit consists of one common share of the Company ('Common Share') and one common share purchase warrant ('Warrant'). Each Warrant entitles the holder thereof to purchase one additional Common Share at an exercise price of $0.15 for a period of two years from the closing of the first tranche. In connection...

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