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Cleveland lines up $10m in finance

Cleveland Mining Company has secured a $10 million finance facility to fund further exploration of its Brazilian portfolio of mining assets.

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Cleveland Mining is a not a good investment, likely headed much lower. They just entered a death spiral with Baycrest, the same group as fraudulently charged Dutchess Capital. "Plaintiffs in this action were investors in two hedge funds managed by Dutchess Capital Management, LLC (Dutchess Capital). When those investments failed, plaintiffs commenced suit against Dutchess Capital, an affiliate, its principals, its outside auditor and its administrator. They alleged breach of contract, breach of fiduciary duty, malpractice, fraud and similar claims."

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

03/02/15
$62k Other
11/12/12
$400k Bought
24/07/12
$6k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

135th↑Cleveland Mining Company$699k
136th↓Chalice Gold Mines$693k
137th↓Tyranna Resources$674k
139th↑Gold Road Resources$665k
140th↓Arafura Resources$660k
509 listed resources companies ranked by revenue.
Source: Morningstar

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