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TGD

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Share Name Share Symbol Market Type
TSXV:TGD 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 -

Trigold Closes Non-Brokered Private Placement

17/03/2014 8:29pm

Marketwired Canada


TRIGOLD RESOURCES INC. (the "Company" and "Trigold") (TSX VENTURE:TGD) is
pleased to announce that it has completed its non-brokered private placement
consisting of 6,000,000 shares at a price of $0.05 per share, for gross proceeds
of $300,000. The shares issued pursuant to this private placement are subject to
a hold period expiring on July 15, 2014.


The Company paid finder's fees in the amount of $4,800 to an arm's length party
in connection with this private placement. 


The net proceeds of the private placement are for the evaluation of exploration
assets and for general corporate purposes.


About Trigold Resources: Trigold is working towards completion of a Definitive
Agreement for the acquisition of a 90% interest in mineral tenements to be
acquired by a Canadian Corporation that is negotiating for the tenement transfer
of mineral exploration permits in Papua New Guinea (PNG). The Agreement is
subject to acceptable financing and approval from the PNG Mineral Resources
Authority. 


The PNG projects are advanced gold, silver and copper projects with considerable
historical exploration. The most advanced project includes ninety-three drill
holes totaling 8,500 meters that were completed within the licence area. Results
from historic drilling include: 133m at 1.83 g/t gold, 72m at 1.79g/t gold, and
43m at 2.35g/t gold. In addition, trenching results include: 131m of 2.36g/t
gold, 40m at 8.89g/t gold; and 97m at 3.39g/t gold. 


The completion of a Definitive Agreement is subject to the approval of the TSX
Venture Exchange.


ON BEHALF OF THE BOARD OF DIRECTORS

Jim Greig, President and Chief Executive Officer

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Trigold Resources Inc.
Jim Greig
President and Chief Executive Officer
(780) 437-6624
(780) 439-7308 (FAX)
info@trigoldexploration.com
www.trigoldexploration.com

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