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FMG First Mexican Gold Corp

0.395
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
First Mexican Gold Corp TSXV:FMG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.395 0.375 0.40 0 01:00:00

First Mexican Gold Corp. Announces Private Placement

22/06/2011 10:11pm

Marketwired Canada


First Mexican Gold Corp. (TSX VENTURE:FMG) has arranged a non-brokered private
placement to raise proceeds of up to $480,000 through the sale of 2,000,000
units at 24 cents per unit. Each unit is composed of one common share and
one-half of one transferable share purchase warrant, each whole warrant being
exercisable at a price of 30 cents per share for a period of two years. The
financing is subject to regulatory approval.


The proceeds of the private placement will be used for exploration and general
working capital.


First Mexican Gold Corp. is an active explorer for precious metals in Mexico and
holds an option to acquire 80% interest in the Guadalupe property package from
(MIMSA) a wholly owned subsidiary of International Millennium Mining Corp (TSX
VENTURE:IMI). The Company now controls a total of 15,112 hectares in this high
potential exploration area.


On behalf of the Board of Directors,

Jim Voisin, President & CEO 

First Mexican Gold Corp.

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