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| Home : Minaurum Gold Closes Non Brokered Private Placement |
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Jun 20
2014 |
Minaurum Gold Closes Non Brokered Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 19, 2014) - Minaurum Gold Inc. ("Minaurum") (TSX VENTURE:MGG) is pleased to announce that it has closed a non-brokered private placement financing of 5,620,000 units at a price of $0.10 per unit for gross proceeds of $562,000. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share of Minaurum for a period of two (2) years at an exercise price of $0.10. Lowell Copper has subscribed for 620,000 units. A finders' fee of 150,000 common shares was paid in connection with the financing. The securities issued under the offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. |
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| Source:http://www.marketwired.com/mw/release.do?id=1922724&sourceType=3 |
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