NR: Newcastle Minerals completes private placement

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A gold and base metal exploration company.

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NR: Newcastle Minerals completes private placement

posted on Dec 30, 2010 02:19PM

Newcastle Minerals completes private placement

2010-12-29 04:47 ET - News Release

Mr. Michael Romanik reports

NEWCASTLE CLOSES PRIVATE PLACEMENT

Newcastle Minerals Ltd. has closed its previously announced non-brokered private placement. The company issued a total of 2.4 million flow-through shares at a price of 10 cents per share.

The company paid finders' fees totalling $8,800 in respect of the offering.

The flow-through shares are subject to a hold period expiring April 23, 2011

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