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Mining News: Northern Neighbors: Colorado financing benefits from $910K lift by Kinross

Colorado Resources Ltd. June 1 reported the completion of the final tranche of a C$4.73 million non-brokered private placement. In this final tranche, 2.6 million units were issued to Kinross Gold Corp. at C35 cents each for gross proceeds of C$910,000. Each unit consisted of one Colorado Resources…