United Minerals raises $8.75m in placement
10:12, Monday, 26 May 2008
Sydney - Monday - May 26: (RWE Aust Business News) - United
Minerals (ASX:UMC) has placed 5m shares at $1.75 each, raising $8.75m.
The placement is for additional working capital, particularly at
the Pilbara iron ore project.
ENDS
Cheers markco2