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March 3 (Reuters) - Kerr Mines Inc
* Announces $5million non-brokered private placement and acquisition of Dufay
Property
* Intends to complete a proposed private placement offering of up to 100
million common shares of the company at a price of $0.05
* Has acquired a 100 percent interest in 42 unpatented mining claims located in dufay
township, province of Quebec
* Source text for Eikon
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