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Curtis Tungsten to Raise $3 Million in Offering

July 15, 1988|From States News Service

Curtis Tungsten, an Upland company formed to develop a tungsten mine in the San Gabriel Mountains, will try to raise $3 million in an initial public offering of up to 1.5 million common shares.

In a filing with the Securities and Exchange Commission, the company said it will use proceeds from the offering to buy equipment and establish working capital to develop the tungsten mine and to retire debt.

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