NORD RESOURCES <NRD> SETS PRIVATE SALE OF STOCK
Nord Resources Corp said Kleinwort
Grieveson and Co, a U.K. investment banking firm, has agreed to
privately place 600,000 Nord common shares with institutional
investors outside of the U.S., primarily in the U.K.
    Nord said the placement was priced at 17.50 dlrs a share,
90 pct of the stock's closing price yesterday, and is scheduled
to close April 10.
    The company said it will raise about 10 mln dlrs which will
be used for general corporate purposes.
 Reuter
