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General mining & base metals

Cerro de Pasco closes second tranche of private placement

Cerro de Pasco Resources (CSE:CDPR, OTC:GPPRF) has successfully concluded its non-brokered private placement, marking the final and oversubscribed tranche.

With the closing of this phase, the company issued 2,280,000 Units at $0.10 per unit, generating a total of $228,000 in gross proceeds.