Business
CORRECTION: Mosquito announces 4 million unit financing
CORRECTION: Mosquito announces 4 million unit financing.
About this update from Multi-metal Dev Ltd.
[{"type":"text","content":" THIS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. MOSQUITO CONSOLIDATED GOLD MINES LIMITED(the “Company”)100 – 1616 West 3rd AvenueVancouver, B.C. V6J 1K2Tel: (604) 689-7902 NEWS RELEASE July 15, 2011 Symbol: MSQ The Company wishes to announce that it is offering up to 4,000,000 units at $0.75 per unit for a total of up to $3,000,000, where each unit consists of one common share of the Company and one non-transferable share purchase warrant having a three year term for the purchase of one further common share of the Company at the exercise price of $0.85 per share. The Company shall use the proceeds of the offering for general working capital. A finder’s fee of a combination of cash, shares and/or warrants will be paid to eligible finders in relation to this financing, all in accordance with regulatory policies. This private placement is subject to approval by the TSX Venture Exchange. mosquito consolidated gold mines limited Per: “Brian A. McClay”Brian A. McClay, President and Director For further information: Tel: (604) 689-7902 / Fax: (604) 689-7816 / www.mosquitogold.com Neither 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.","length":14790,"tagName":"div"}]