Antioquia Gold Announces Closing of Private Placement of Units
CALGARY, ALBERTA--(Marketwired - Feb. 25, 2014) - Antioquia Gold Inc. ('Antioquia Gold" or the "Company") (TSX VENTURE:AGD)(OTCQX:AGDXF) announces that it has completed a non-brokered private placement of units (each a "Unit") at $0.05 per Unit for aggregate gross proceeds of $795,000. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.05 for a period of 18 months from the date of issuance of the Units. It is expected that the proceeds raised from the financing will be used for debt repayment, general working capital and to complete key studies in the advancement of the Company's flagship Cisneros project.
