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| Home : Medgold Completes Private Placement to Fortuna Silver Mines |
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Jun 21 2016 |
Medgold Completes Private Placement to Fortuna Silver Mines |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 21, 2016) - Medgold Resources Corp. (TSX VENTURE:MED) is pleased to advise that it has closed its previously announced non-brokered private placement financing with the issuance to Fortuna Silver Mines Inc. of 10.0 million units at $0.15 per unit, for proceeds of $1.5 million. Each unit consists of one common share of Medgold and one warrant entitling Fortuna to purchase one additional common share of Medgold at $0.15 for one year from closing. The common shares and warrants issued are subject to a resale restriction until October 18, 2016. No finder's fees or commissions were paid in connection with this financing. |
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| Source:http://www.marketwired.com/mw/release.do?id=2135937&sourceType=3 |
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