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Cyprium Mining Corporation announces completion of private placement and loan extensions

July 19, 2016 - releases
Cyprium Mining Corporation announces completion of private placement and loan extensions

Cyprium Mining (TSXV:CUG) is pleased to provide an update on recent financing activities totaling $1,271,810. These financing activities consisted in the successful completion of a private placement of $232,310 and the extension of the maturity date of various loans totaling US $813,750.

Cyprium has completed its previously announced private placement of up to 3,000,000 units at a price of $0.065 per Unit for gross proceeds of up to $195,000. Each Unit is comprised of one common share in the capital of the Corporation (“Common Share”) and one share purchase warrant of the Corporation.

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