BRIEF-Excelsior announces private placement of C$26 mln
Dec 11 (Reuters) - Excelsior Mining Corp:
* EXCELSIOR ANNOUNCES PRIVATE PLACEMENT OF C$26 MILLION
* NET PROCEEDS OF OFFERING WILL BE USED FOR DEVELOPMENT, CONSTRUCTION, MAINTENANCE OF GUNNISON COPPER PROJECT
* INTENDS TO UNDERTAKE NON-BROKERED PRIVATE PLACEMENT THROUGH ISSUANCE OF UP TO 26 MILLION SHARES OF CO AT CDN$1.00 PER COMMON SHARE Source text for Eikon: Further company coverage: