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| Home : Crown Gold Proposed $200,000 Non-Brokered Private Placement |
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Feb 13
2012 |
Crown Gold Proposed $200,000 Non-Brokered Private Placement |
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TORONTO, ONTARIO--(Marketwire - Feb. 13, 2012) - Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE:CWM) announces a proposed non-brokered private placement for aggregate gross proceeds of up to $200,000 comprised of up to 4,000,000 units at a price of $0.05 per unit (each such unit being comprised of one common share and one warrant) (the "Offering"). Each whole warrant will entitle the holder to purchase one common share for $0.10 at any time within 9 months after closing subject to an acceleration clause. All securities issued pursuant to this private placement will be subject to a four (4) month hold period. Completion of the private placement is subject to receipt of all required regulatory and other approvals. The Company reserves the right to increase or decrease the size of the Offering. |
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| Source:http://www.marketwire.com/mw/release.do?id=1619132&sourceType=3 |
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