July 2 (Reuters) - Mako Mining Corp MKO.V :
* MAKO MINING ANNOUNCES EXERCISE OF PARTICIPATION RIGHT BY WEXFORD CAPITAL IN PREVIOSLY ANNOUNCED PRIVATE PLACEMENT OFFERING
* MAKO MINING CORP - WEXFORD AGREED TO PURCHASE 41 MILLION UNITS OF CO UNDER OFFERING, AT A PRICE OF C$0.40 PER UNIT, FOR PROCEEDS OF C$16.4 MILLION