BRIEF-Excelsior Mining announces US$14 million financing

Thu Sep 29, 2016 12:05pm EDT
 
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Sept 29 (Reuters) - Excelsior Mining

* Excelsior Mining announces US$14 million financing

* Excelsior Mining -Financing consists of private placement at CDN$0.45per share for $10.0 million, sale of 1% gross revenue royalty on Gunnison Copper Project

* Excelsior Mining -Proceeds of private placement and royalty financing will be used for continued development of co's Gunnison Copper Project Source text :