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TORONTO, ONTARIO--(Marketwired - April 17, 2013) - Mahdia Gold Corporation (the "Company") (CNSX:MGD) is pleased to announce that it has raised gross proceeds of approximately $1,020,000 (Cdn) through a non-brokered private placement of units at a price of $1,000 per unit. Each unit consists of (i) $1,000 face value of 15% convertible unsecured subordinated debentures (the "Debentures"), and (ii) 600 common share purchase warrants of the Company (the "Warrants"). |
