Southern Hemisphere Mining Limited
TSX VENTURE : SH
ASX : SUH

Southern Hemisphere Mining Limited

November 09, 2010 17:58 ET

Southern Hemisphere Closes A$6.5 Million Tranche of Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2010) -

NOT TO BE RELEASED OR DISTRIBUTED IN THE UNITED STATES OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAWS

Southern Hemisphere Mining Limited (TSX VENTURE:SH)(ASX:SUH) -

The Company announces that it has completed the first tranche of its $20 million brokered private placement announced on October 27, 2010.

A total of $6,490,197 was raised in the first tranche, consisting of 15,452,850 common shares. A cash commission of 6% of the amount raised was paid to the Company's Australian agent, Euroz Securities Limited. The balance of the private placement is expected to be completed in the near future.

Contact Information

  • Southern Hemisphere Mining Limited
    Trevor Tennant
    Chairman and Managing Director
    +56 (9) 7766 4688
    or
    Southern Hemisphere Mining Limited
    Clark Kent
    Investor Relations
    647-519-2646
    ckent@currentmca.com