Article: Geovic Mining Corp. Closes Offering Worth $54,000,000.

M2 PRESSWIRE-9 March 2007-International Stock Targets: Geovic Mining Corp. Closes Offering Worth $54,000,000(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:09032007

Geovic Mining Corp. (TSX-V:GMC) was UP 8.26% yesterday on 1,451,755 shares traded.

Geovic Mining Corp. (the "Company") (TSX-V:GMC) recently announced that it has closed the previously announced offering of units ("Units") of the Company, each Unit consisting of one common share of the Company and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant has an exercise price of CDN$3.00 and is exercisable until March 6, 2012. The Warrants commenced ...

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