Ecuador Gold and Copper Corp. announces completion of private placement

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./

TORONTO, Nov. 25, 2013 /CNW/ - Ecuador Gold & Copper Corp. (TSX-V: EGX) (the "Company") is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") raising gross proceeds of CDN$95,238.74 for 1,209,726 shares (the "Shares") of the Company at a price of US$0.075 per Share.

The proceeds of this Private Placement will be used for the advancement of the exploration and development expenses, preliminary working capital, and as additional working capital.  No bonus shares, commission or finder's fees have been paid in connection with the Private Placement.  The Shares issued are subject to a four-month hold period from the date of issuance.

Cautionary Note

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Ecuador Gold and Copper Corp.

Copyright 2013 Canada NewsWire