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Durango Resources Inc.

09:57 AM EST - Durango Resources Inc. : Has closed the final tranche of its non-brokered private placement as previously announced. The final tranche composed of 1,115,000 units at a price of $0.06 per unit for gross proceeds of $66,900. Each Unit is comprised of one common share and one share purchase warrant exercisable for one common share at a price of $0.10 per share for a period of two years after closing. The combined gross proceeds of the private placement totalled $300,309 and the issuance of 5,005,151 units. Durango Resources Inc. shares V.DGO are trading unchanged at $0.07.