Sept 9 (Reuters) - IDM Mining Ltd:
* Idm mining announces private placement
* To sell by way of a private placement units of company and flow-through shares for gross proceeds of up to C$5 million
* Each unit offered at price of $0.17 and will be comprised of one common share of company and one half of one common share purchase warrant
* Proceeds shall be primarily used for additional resource expansion drilling, exploration, permitting at red mountain project Source text for Eikon: ID:nCCN6b2bMB