BRIEF-Wellgreen Platinum to issue 1.8 mln common shares

Tue Jun 21, 2016 9:06am EDT
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June 21 (Reuters) - Wellgreen Platinum Ltd :

* Net proceeds of private placement will be used for development of company's Wellgreen PGM-nickel project in Yukon

* Intends to issue about 1.8 million common shares in capital of company at a price of C$0.30 per share

* Wellgreen platinum announces private placement Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)