Business

AUGEN GOLD CORP. ANNOUNCES COMPLETION OF SECOND CLOSING OF BROKERED FINANCING

AUGEN GOLD CORP. ANNOUNCES COMPLETION OF SECOND CLOSING OF BROKERED FINANCING

articleGold Finder Resources Ltd.October 1, 20105/company/goldon-resources-ltd/news/augen-gold-corp-announces-completion-of-second-closing-of-brokered-financing
AUGEN GOLD CORP. ANNOUNCES COMPLETION OF SECOND CLOSING OF BROKERED FINANCING

About this update from Gold Finder Resources Ltd.

[{"type":"text","content":"\n\n\n\n Oct. 1, 2010 (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\n Shares outstanding: 99,988,159\n \n\n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION\n IN THE UNITED STATES/\n \n\n TORONTO, Oct 1 /CNW/ - Further to its press releases dated August 16,\n 2010, September 2, 2010, and September 27, 2010, Augen Gold Corp. ("Augen\n Gold" or the "Company")\n (TSX-V: GLD), is pleased to announce a the completion of the second\n closing of its previously announced private placement offering (the "Offering").\n On August 13, 2010, Augen Gold announced a private placement of\n Flow-Through Units and Units for gross proceeds of up to $2,000,000. On\n September 2, 2010 the Company announced that it had completed the first\n closing of the Offering, raising gross proceeds of $766,100. On\n September 27, the Company announced an increase in the size of the\n second closing Offering due to increased investor demand. Industrial\n Alliance Securities and Secutor Capital Management Corporation acted as\n co-lead Agents (collectively, the "Agents") on the second\n closing of the Offering.\n \n\n The second closing consisted of 12,519,954 Flow-Through Units at $0.22\n per Flow-Through Unit for gross proceeds of $2,754,390, and 3,767,000\n Units at $0.17 per Unit for gross proceeds of $640,390.  The total gross\n proceeds of the second closing were $3,394,780, and the aggregate gross\n proceeds of the first and second closings wer...

More updates from Gold Finder Resources Ltd.