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| Home : Mahdia Gold Corp (CNSX:MGD) Announces Amended Terms of Non-Brokered Private Placement |
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Jan 04
2013 |
Mahdia Gold Corp (CNSX:MGD) Announces Amended Terms of Non-Brokered Private Placement |
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TORONTO, ONTARIO--(Marketwire - Jan. 3, 2013) - Further to its news release of November 1, 2012 announcing a private placement to raise up to $3,500,000 through the issuance of common shares, Mahdia Gold Corp. (CNSX:MGD)(the "Company") announces that it has amended the terms of the private placement. The Company will be offering units at CAD $0.25 per unit, with each unit comprised of one common share and one common share purchase warrant exercisable at $0.40 for a period of 24 months from the closing date. The Company may pay a finder's fee in connection with a portion of the Offering equal to 8% in cash or securities. There will not be any change of control as a result of the Offering. |
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| Source:http://www.marketwire.com/mw/release.do?id=1742307&sourceType=3 |
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