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Lysander Minerals attracts USD 11.5 for coal mine development in Ukraine

Lysander Minerals attracts USD 11.5 for coal mine development in Ukraine

12 October 2010

Lysander Minerals Corp. (TSXV: LYM CN) attracted USD 11.5 mln through a private placement for development of its Verticalnaya anthracite mine located in the Donbass region of Ukraine, according to Interfax. The project has 27.2 mln mt in P&P resources and 76.2 mln mt in M&I reserves according to NI43-101 standards.

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