Trio Resources, Inc. announced that it has received $0.55 million in funding.
As of July 18, 2014, the company has received $160,000 in its first tranche close from two investors.
On August 7, 2014, Trio Resources, Inc. closed the transaction. The company has issued 27,250,000 shares at $0.02 per share for gross proceeds of $545,000 to certain accredited investors. The transaction was conducted without an underwriter or placement agent.