Peterson Law acts for Montero Mining & Exploration Ltd. as it closes $5.9 Million Private Placement

On August 3, 2011 Montero Mining and Exploration Ltd. (“Montero”) closed a private placement of 9,821,333 units from the treasury of Montero at a price of $0.60 per unit for aggregate gross proceeds of $5,892,800. The offering was conducted on a non-brokered basis.


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