BRIEF-Pure Energy announces $5 million private placement

Tue Jun 21, 2016 4:26pm EDT
 
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June 21 (Reuters) - Pure Energy Minerals :

* Pure Energy Minerals Ltd says intends to use net proceeds of offering for exploration and engineering work on Clayton Valley south project

* Entered into letter of engagement with Dundee Securities for sale up to about 8.3 million units of co at a price per unit of $0.60

* Pure energy announces $5 million private placement Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)