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Tuesday, March 27, 2012

Moneta Announces Closing of Bought Deal Private Placement Financing

TIMMINS, ON, March 27, 2012 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME)(OTC:MPUCF)(XETRA:MOP) (the "Company") announces the completion of its previously announced brokered private placement financing (Press Release March 16, 2012) consisting of the sale and issue of 10,000,000 common shares at $0.30 per share for aggregate gross proceeds of $3,000,000 (the "Offering") by Stonecap Securities Inc., as the lead underwriter of a syndicate including Industrial Alliance Securities Inc.    ...continued
  

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