Sociedad Minera El Brocal S.A.A. announced that it has received PEN 150.194527 million in funding

Sociedad Minera El Brocal S.A.A. (BVL:BROCALC1) announced a private placement of 21,143,287 common shares at PEN 7 per share and 313,074 preferred shares at PEN 7 per share for gross proceeds of PEN 150,194,527 on January 15, 2014. The transaction involved participation from shareholders of the company.

On January 15, 2014, Sociedad Minera El Brocal S.A.A. closed the transactiuon.