Additional cash for Int’l Platinum

Toronto-based International Platinum (TSE) has received a further $250,000 to finance exploration on the Duluth platinum project in Minnesota and the Goodfish gold property near Kirkland Lake, Ont. The cash, in the form of a convertible debenture, was arranged with Allen & Co. of New York. In April, International Platinum raised $500,000 in a similar placement with a European financial institution.