Anaconda to raise $2.39m for exploration, corporate purposes

TSX-listed Anaconda Mining is planning to complete a nonbrokered private placement to raise about $2.39-million. The placement will include up to 20.44-million common shares, which qualify as flow-through shares, at a price of $0.08 a share, as well as up to 11.54-million units, each comprising one common share and one-half of a common share purchase warrant, at a price of $0.065 per unit.