Canada Zinc Metals CZX.v financing is closed for 6.0 million CAD.

Divergence of value and a stock price in a capitulation phase is very apparent in this case of a small Junior - pure Zinc play in a safe Canada mining environment. Stock was trading today below 0.5CAD and financing was closed on Friday at 0.9CAD for more then 6 million CAD.

http://www.mantleresources.com/032006/files/en/asp/ir/pdfs/nr/2008/NR20081025PPClosing.pdf

More on the company:

http://sufiy.blogspot.com/2008/09/canadian-junior-zinc-play-mantle.html

More on Zinc:

http://sufiy.blogspot.com/2008/09/zinc-contrarian-play-in-inflation.html