VANCOUVER, BC--(Marketwired - May 16, 2017) -
Arizona Mining Inc. (TSX: AZ) ("Arizona Mining" or the "Company") is pleased to announce it has closed the private placement with South32 International Investment Holdings Pty Ltd ("South32"), an affiliate of
South32 Ltd., for 45 million common shares in the Company (the "Shares") at a price of C$2.45 per Share for gross proceeds of C$110.3 million (the "Placement"). "The
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