Cerro Mining Corp. (TSXV:CRX.H) is looking for acquisitions. The Company has arranged a non-brokered private placement. The private placement will result in aggregate proceeds to the company of up to $500,000. The proceeds of the private placement are expected to be used to settle outstanding debts of the company, as well as provide the company with general working capital and funds which can be used to identify new projects the company may wish to acquire or become involved with.