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by Will Purcell
What a change a day makes: The critical and specialty minerals stocks box score on Friday was a so-so 93-89-128 as the TSX Venture Exchange rose fractionally to 1,108. Alphamin Resources Corp. (AFM), a tin miner in the eastern area of the Democratic Republic of the Congo, jumped 13 cents to $1.57 on 5.93 million shares today. The company has been silent for a month -- but in the Congo, that often can be a good thing.
Ian Fraser and Doug Porter's Fathom Nickel Inc. (FNI) rose one-half cent to 4.5 cents on 684,000 shares. The company has closed a second tranche of the $3-million placement it launched just over a month ago, offering charity flow-through shares at 4.8 cents apiece and regular shares at 3.1 cents each. A week after launch, the company boosted the placement to $3.75-million, citing "very strong demand." Last week, Fathom said it closed a first tranche, raising $3.2-million. With the second and final tranche closing yesterday, Fathom has sold 52.08 million charity flow-through shares and 48.39 million regular shares, raising a total of $4-million.
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