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LAR

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Delayed by 15 minutes
Share Name Share Symbol Market Type
TSXV:LAR 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 -

La Ronge Closes Private Placement

28/05/2013 8:15pm

Marketwired Canada


La Ronge Gold Corp. (TSX VENTURE:LAR) (the "Company") is pleased to announce the
closing of the private placement (the "Offering") announced on April 8, 2013 and
updated on April 26, 2013. Pursuant to the Offering, the Company has issued
1,775,000 flow-through common shares at a price of $0.20 per share for gross
proceeds of $355,000.


The proceeds of the placement will be used by the Company to incur eligible
Canadian Exploration Expenses, as defined by the Income Tax Act (Canada).


In connection with the closing, the Company paid finder's fees consisting of
cash in the amount of $2,450 and finder's warrants exercisable to acquire up to
12,250 common shares of the Company at a price of $0.25 per share for a period
of 18 months.


The securities sold pursuant to the Offering are subject to a four month hold
period, expiring on September 29, 2013.


About La Ronge Gold Corp.

La Ronge Gold is a Vancouver-based rapidly advancing gold-resource growth and
development company, focused on the expansion of high-grade gold deposits in one
of Canada's emerging gold producing regions, the La Ronge Gold Belt, northern
Saskatchewan. The Company has significant land positions (52,932 Ha. or 131,000
acres) in the region. The Company also holds other gold projects located in
Ontario, Canada. 


For more information about La Ronge Gold Corp., please go to www.larongegold.com.

FORWARD-LOOKING INFORMATION

This News Release includes forward-looking information and statements, which may
include, but are not limited to, information and statements regarding or
inferring the future business, operations, financial performance, prospects and
other plans, intentions, expectations, estimates, and beliefs of the Company.
Information and statements which are not purely historical fact are
forward-looking statements. Forward-looking information and statements involve
and are subject to assumptions and known and unknown risks, uncertainties, and
other factors which may cause actual events, results, performance, or
achievements of the Company to be materially different from future events,
results, performance, and achievements expressed or implied by forward-looking
information and statements herein. Although the Company believes that any
forward-looking information and statements herein are reasonable, in light of
the use of assumptions and the significant risks and uncertainties inherent in
such information and statements, there can be no assurance that any such
forward-looking information and statements will prove to be accurate, and
accordingly readers are advised to rely on their own evaluation of such risks
and uncertainties and should not place undue reliance upon such forward-looking
information and statements. Any forward-looking information and statements
herein are made as of the date hereof, and the Company assumes no obligation and
disclaims any intention to update or revise any forward-looking information and
statements herein, or to update the reasons that actual events or results could
or do differ from those projected in any forward-looking information and
statements herein, whether as a result of new information, future events or
results, or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
La Ronge Gold Corp.
Rasool Mohammad, B.Sc. (Mining)
President & CEO
(604) 639-4533
info@larongegold.com
www.larongegold.com

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