Queenston makes Euro offering

A Euro-equity offering with European investors for 520,000 common shares at 63 cents per share has been completed by Queenston Mining (TSE). Brokerage house Deacon Barclays de Zoete Wedd acted as Queenston’s agent.

Queenston also said it has agreed to purchase 250,000 shares of Thermal Exploration (ASE) at 40 cents each (subject to regulatory approval) which will increase its ownership of Thermal to about 32%.