URUMQI, XINJIANG, PEOPLE'S REPUBLIC OF CHINA, June 19, 2015 /CNW/ - Further to its news release dated June 4, 2015 announcing the closing of a first tranche of $550,000 of its non-brokered private placement, New Era Minerals Inc. announces that there will not be any further tranches for the private placement.
About New Era Minerals Inc.
New Era Minerals Inc., through its wholly-owned subsidiary, Haijin International Group Limited, owns 95% of Xinjiang Yongkun Mining Co. Ltd. ("Yongkun"). Yongkun's principal activities are the exploration, evaluation and development of mineral property interests in the PRC, including Yongkun's 100%-owned Suyeke North nickel property located in Tuoli County, Tacheng Area, Xinjiang-Uyghur Autonomous Region, PRC.
On behalf of the Board of Directors of
NEW ERA MINERALS INC.
Sun Tian Xiang
Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE New Era Minerals Inc.
For further information: Avi Grewal [email protected], Telephone: 416-213-8118 x210