Moneta Porcupine raises over $2m.

Moneta Porcupine Mines reports it has completed financings yielding more than $2.3 million, to be used in exploration and property acquisition.

The company says private placements in May of $270,000 for common shares and $450,000 for flow- through shares were completed, and the proceeds used to acquire properties in the Timmins, Ont. area, as well as to explore its mining properties.

And, last month Moneta closed placements totalling $1.6 million for flow-through shares, which will allow exploration of its Michaud properties in the Timmins camp.