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TORONTO, ONTARIO--(Marketwire - July 30, 2012) - Auriga Gold Corp. (TSX VENTURE:AIA) ("Auriga Gold" or the "Company") closes the second and final tranche of its previously announced non-brokered private placement for total gross proceeds of approximately $624,400 and the issuance of 3,672,942 units of the Company (the "Units") at $0.17 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire one common share of the Company at the exercise price of $0.25 per share for a period of 24 months from the closing date of the Offering. |