VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/15/12 -- San Marco Resources Inc. (TSX VENTURE: SMN) announces that it is arranging a non-brokered private placement of 8,000,000 units at $0.13 per unit for gross proceeds of $1,040,000.
Each unit will consist of one common share and one-half of a non-transferable warrant, each whole warrant exercisable to purchase a further share for 18 months at $0.26. After the four
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