COSIGO COMPLETES NON-BROKERED PRIVATE PLACEMENT

About this update from Cosigo Resources Limited

[{"type":"text","content":"\n\n\n Apr. 27, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nNOT FOR  DISTRIBUTION  TO  UNITED  STATES  NEWSWIRE  SERVICES  OR  FOR \n DISSEMINATION  IN  THE  UNITED  STATES\n\n\n\nCSG: TSX-V 11-02\n\n\nVANCOUVER, April 27 /CNW/ - Cosigo Resources Ltd. (formerly Horseshoe Gold Mining Inc.) ("Cosigo" or the "Company")\n (TSX-V: CSG) announced today that it has completed its previously\n announced non-brokered private placement of units (the "Private\n Placement").\n\n\nAt the closing, Cosigo issued 7,078,606 units (the "Units") at a price\n of $0.50 per Unit for gross proceeds of $3,539,303. Each Unit consists\n of one common share and one common share purchase warrant (a\n "Warrant"), with each Warrant entitling the holder to acquire, for a\n period of three years, one additional common share of the Company at a\n price of $1.00 during the first year following April 26, 2011 (the\n "Closing Date"), $1.25 during the second year following the Closing\n Date and $1.50 during the third year following the Closing Date,\n subject to certain terms and conditions.\n\n\nIf on any 30 consecutive trading days the closing price of the Company's\n common shares (or the closing bid, if no sales were reported on a\n trading day) as quoted on the TSX Venture Exchange (or such other stock\n exchange, quotation system or market on which such shares are then\n listed) is...

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