09:52 AM EST - Arizona Mining Inc. : Has entered into an agreement with Scotiabank and RBC Capital Markets, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase for their own account or arrange for substituted purchasers to purchase on an underwritten private placement basis 14,000,000 common shares of the Company at a price of $1.29 per common share for aggregate gross proceeds of $18,060,000. Arizona Mining Inc.
shares T.AZ are trading down $0.09 at $1.55.