BRIEF-Rincon Resources Says Received Commitments For Placement To Raise Circa A$1.43 Mln

Reuters01-12

Jan 12 (Reuters) - Rincon Resources Ltd :

* RECEIVED FIRM COMMITMENTS FOR OVERSUBSCRIBED PLACEMENT TO RAISE CIRCA A$1.43 MILLION

* PLACEMENT WAS OFFERED AT AN ISSUE PRICE OF A$0.033 PER SHARE

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((Reuters.Briefs@thomsonreuters.com;))

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