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MGG Minaurum Gold Inc

0.22
-0.005 (-2.22%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Minaurum Gold Inc TSXV:MGG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -2.22% 0.22 0.22 0.245 0.225 0.22 0.225 21,000 21:11:02

Minaurum Announces Non-Brokered Private Placement

12/04/2013 2:30pm

Marketwired Canada


Minaurum Gold Inc. ("Minaurum") (TSX VENTURE:MGG) is pleased to announce a
non-brokered private placement of up to $750,000 through the sale of units
priced at $0.10.


Each unit will consist of one common share and one-half of one share purchase
warrant. Each whole warrant will entitle the holder to acquire one additional
common share at a price of $0.15 for the first year and $0.20 for the second
year.


The proceeds of the private placement will be used by Minaurum for ongoing drill
permitting at the Vuelcos del Destino project in the Guerrero Gold Belt, ongoing
exploration programs as well as for working capital purposes.


The private placement is subject to TSX Venture Exchange approval. Finder's fees
may be payable with respect to the private placement, in accordance with
Exchange policies.


Minaurum Gold is currently focused on its projects in the Guerrero Gold Belt,
Mexico. Surface work continues at the Vuelcos del Destino, El Porfido, and
Jackie projects. For more information, please visit our website at
www.minaurum.com and our You Tube Minaurum Video Channel
(www.youtube.com/user/minaurumgold.com).


ON BEHALF OF THE BOARD

Darrell A. Rader, President and CEO

Cautionary Note Regarding Forward-Looking Statements: Certain disclosure in this
release constitute forward-looking information. In making the forward-looking
statements in this release, Minaurum has applied certain factors and assumptions
that are based on Minaurum' s current beliefs as well as assumptions made by and
information currently available to Minaurum. Although Minaurum considers these
assumptions to be reasonable based on information currently available to it,
they may prove to be incorrect, and the forward-looking statements in this
release are subject to numerous risks, uncertainties and other factors that may
cause future results to differ materially from those expressed or implied in
such forward-looking statements. Readers are cautioned not to place undue
reliance on forward-looking statements. Minaurum does not intend, and expressly
disclaims any intention or obligation to, update or revise any forward-looking
statements whether as a result of new information, future events or otherwise,
except as required by law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Minaurum Gold Inc.
Sunny Pannu
Investor Relations Manager
(778) 330 0994
info@minaurum.com
www.minaurum.com

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