BRIEF-Alexander Nubia announces non-brokered private placement of up to $2 mln

Tue May 3, 2016 6:07pm EDT
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May 3 (Reuters) - Alexander Nubia International Inc

* Brokered private placement of up to $2.0 million

* Non-Brokered private placement offering of up to 40 million common shares at a price of $0.05 per share

* Net proceeds will be used to fund further exploration activities at corp's Abu Marawat and fatiri concessions Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)