Business
Minaurum Gold Announces Non Brokered Private Placement
Minaurum Gold Announces Non Brokered Private Placement
About this update from Minaurum Silver Inc.
[{"type":"text","content":"\nMinaurum Gold Announces Non Brokered Private Placement\n\n\n Apr. 13, 2010 (TheNewswire.ca) -- Minaurum Gold Inc. is pleased to announce a non-brokered private placement to raise up to $5,000,000 through the sale of its common shares at a price of $0.60 per share.The proceeds of the private placement will be used by Minaurum for working capital purposes, exploration on its mineral properties in Mexico and further acquisitions.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 a gold and silver explorer focusing on the acquisition and development of district-scale precious metals deposits in Mexico. The Company is currently advancing the Adelita, Capilla, Vuelcos del Destino and Aurena Projects.On behalf of the Directors of Minaurum Gold (TSXV:MGG) Inc.\"Darrell A. Rader\"President and CEOThe TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release._____________________________________________________________________________________________1500 - 409 Granville St. Telephone 778 919-8480Vancouver, BC V6C 1T2 [email protected] Looking Statement: Some of the statements contained in this press release are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.Copyright (c) 2010 Thenewswire.ca - All rights reserved.\n\n\n\n","length":2692,"tagName":"div"}]