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| Home : Mahdia Gold Corp (CNSX:MGD) Announces Non-Brokered Private Placement |
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Nov 03
2012 |
Mahdia Gold Corp (CNSX:MGD) Announces Non-Brokered Private Placement |
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TORONTO, ONTARIO--(Marketwire - Nov. 2, 2012) - Mahdia Gold Corp. (CNSX:MGD) (the "Company") is pleased to announce that it has arranged a non-brokered private placement of up to 14,000,000 common shares at a price of CAD $0.25 per share for gross proceeds of up to CAD $3,500,000 (the "Offering"). All common shares issued in the Offering will have a hold period in Canada of four months and a day from the closing of the Offering. 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=1721159&sourceType=3 |
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