LAST BUT NOT LEAST — TVI finances Philippine exploration

To finance further exploration in the Philippines, TVI Copper (ASE) hopes to raise $6.4 million from two separate private placements.

In the first financing, 4.5 million shares will be issued at $1.10 each to a single institutional investor in the United Kingdom. In the other, 1.3 million shares, at the same price, will be placed with an institution in Ontario.

Proceeds will be used to acquire additional ground and develop existing properties in the Asian country.