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| Home : Antioquia Gold Announces Private Placement of Units |
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Nov 08
2013 |
Antioquia Gold Announces Private Placement of Units |
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CALGARY, ALBERTA--(Marketwired - Nov. 7, 2013) - Antioquia Gold Inc. ('Antioquia Gold" or the "Company") (TSX VENTURE:AGD)(OTCQX: AGDXF) is announces that further to its press release dated August 29, 2013 and in light of current market conditions, the Company will be undertaking a non-brokered private placement of units (each a "Unit") at $0.05 per Unit for aggregate gross proceeds of $1,000,000. Each Unit shall consist 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. The Company may pay a finder's fee in cash for up to 6% of the gross proceeds of the private placement. 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. The Company had previously announced a resource estimate for the Cisneros project and a copy of the National Instrument 43-101 compliant resource report on the project is available under the Company's profile on SEDAR at www.sedar.com. |
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| Source:http://www.marketwired.com/mw/release.do?id=1849957&sourceType=3 |
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