Monarques is pleased to announce that it has entered into an agreement with Industrial Alliance Securities Inc. for a private placement of up to 210 flow-through units, at a price of $1,200 per Flow-Through Unit, for aggregate gross proceeds of up to $252,000. The Offering is being made by IAS, acting as agent, on a reasonable efforts basis and is expected to close on or about December 20, 2013. The Offering is
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