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| Home : San Gold Announces Private Placement Offering |
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Aug 17
2013 |
San Gold Announces Private Placement Offering |
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WINNIPEG, MANITOBA--(Marketwired - Aug. 16, 2013) - San Gold Corporation (TSX:SGR) (OTCQX:SGRCF) ("San Gold") today announced an offering of 32,000,000 units of San Gold ("Units") at a price of $0.125 per Unit for aggregate gross proceeds of $4,000,000. The Units will be purchased by a single strategic investor. Each Unit consists of one common share of San Gold (a "Common Share") and one-half of one warrant (a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of $0.18 for a period of two years from the date of issuance. |
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| Source:http://www.marketwire.com/mw/release.do?id=1822007&sourceType=3 |
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