Vancouver, Canada-based Avrupa Minerals Ltd. said July 6 that it has closed itspreviously announced oversubscribed private placement for C$1.4 million.

The company issued 13,547,000 units for 10 cents per unit.Each financing unit comprises 1 common share and a share purchase warrant. Eachwarrant is exercisable to purchase another common share at 15 cents for aperiod of three years.