IndygoTech Minerals S.A. (WSE:IDG) announced a private placement of up to 8,000,000 series I shares at PLN 0.8 per share for gross proceeds of PLN 6,400,000 on December 15, 2014. The transaction will include participation from single investor. The transaction has been approved by shareholders at its extraordinary general meeting.

The transaction is expected to be completed no later than by June 30, 2015. The company's share capital will be increased by PLN 400,000.