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| Home : Auriga Gold Corp. Closes Non-Brokered $5.3 Million Financing and Acquires Puffy Lake and Nokomis Gold Properties, Manitoba |
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Oct 26
2010 |
Auriga Gold Corp. Closes Non-Brokered $5.3 Million Financing and Acquires Puffy Lake and Nokomis Gold Properties, Manitoba |
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TORONTO, ONTARIO--(Marketwire - Oct. 26, 2010) - Auriga Gold Corp. ("Auriga" or the "Company") is pleased to announce the closing of a non-brokered private placement and accordingly has issued 14,865,747 units (the "Units") at a price of $0.30 per Unit. Each Unit consists of one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a purchase price of $0.40 for a period of 24 months. In addition, the Company has issued 2,542,393 flow-through units (the "F/T Units") at a price of $0.35 per F/T Unit. Each F/T Unit consists of one flow through share and one-half share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a purchase price of $0.45 for a period of 24 months. The financings raised total gross proceeds of $5,349,560. |
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| Source:http://www.marketwire.com/mw/release.do?id=1341786&sourceType=3 |
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