July 7 (Reuters) - Kootenay Silver Inc:
* Kootenay announces $4 million private placement
* Kootenay silver inc says proceeds of offering will be used
to fund exploration and development of company's la cigarra
project in mexico
* Kootenay silver inc says has entered into an agreement
with Haywood Securities inc to raise aggregate gross proceeds of
up to $4 million
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