TORONTO, ONTARIO -- (Marketwire) -- 11/03/10 -- Advanced Explorations Inc. (the 'Company' or 'AEI') (TSX VENTURE: AXI)(FRANKFURT: AE6) is pleased to announce the closing of the $2,800,000 private placement with Shandong Fulun Steel Co., Ltd. ('Fulun Steel') as press released on September 30, 2010. This private placement is part of a broader cooperation commitment. AEI is in receipt of $2,800,000 and has issued
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