Partrician raises cash

Junior Patrician Consolidated Gold Mines (PXC-V) has raised $400,000 through a private placement financing.

The Ottawa-based company issued 2 million units at 20 apiece. A unit consists of a share and a warrant; the later can be exchanged for share at 30 unitl Jan. 25, 2004.

Patrician is changing its name to Patrician Diamonds.