Augusta Closing of $5 Million Private Placement

Augusta Resource Corporation announces the closing of a non-brokered private placement of 3.35 million units at a price of $1.50 per unit for gross proceeds of $5,025,000. The transaction is fully subscribed by Kestrel Holdings Ltd., a private company 100% held by Vancouver mining entrepreneur Ross Beaty. Each unit comprises one common share and one non-transferable share purchase warrant entitling... 

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