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CALGARY, ALBERTA--(Marketwire - Feb. 27, 2013) - MGold Resources Inc. (TSX VENTURE:MNI) ("MGold" or the "Corporation") announced today that it settled outstanding indebtedness of $50,500 through the issuance of 1,010,000 common shares of the Corporation at a deemed price of $0.05 per share. The common shares issued in connection with the debt settlement are subject to a four month hold period that expires on June 27, 2013. |
