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TORONTO, ONTARIO--(Marketwired - April 27, 2016) - AurCrest Gold Inc. (the "Company" or "AurCrest") (TSX VENTURE:AGO) is pleased to announce that, further to its press release of March 29, 2016, the Company has closed the first tranche of its brokered private placement (the "Offering") with the sale of 1,500,000 working capital units (the "WC Units") of the Company at a price of $0.05 per WC Unit for a gross proceeds of $75,000. A cash commission of $6,750 and 150,000 broker warrants were paid to the Agent with respect to the closing of the first tranche of the Offering. The securities issued are subject to a hold period expiring on August 28, 2016. |
