Treasury Metals increases private placement financing

About this update from Nexgold Mining Corp.

[{"type":"text","content":"\n\n\nTSX: TML\n\n\nTORONTO, Dec. 18, 2013 /CNW/ - Treasury Metals (\"Treasury Metals\" or the\n \"Company\") is pleased to announce that it has increased the size of its\n brokered placement of flow-through common shares (\"Flow-Through\n Shares\"), initially announced on December 4, 2013, from $2.5 million in\n aggregate gross proceeds to $3.35 million in aggregate gross proceeds\n which includes the Agents option (the \"Offering\"). As previously\n indicated, the Offering is comprised of Flow-Through Shares, at an\n issue price of $0.40 per Flow-Through Share, led by Secutor Capital\n Management Corporation with a syndicate of agents including Canaccord\n Genuity Corp. All other terms and conditions of the Offering remain the\n same.\n\n\nThe net proceeds of the Offering will be used for the advancement of the\n Company's Goliath Gold Project and general working capital purposes.\n\n\nClosing of the Offering is anticipated to occur on or about December 20,\n 2013. Closing of the Offering is subject to receipt of regulatory\n approvals, including the acceptance of the Offering by the Toronto\n Stock Exchange. The Flow-through Shares issued pursuant to the Offering\n will be subject to a four-month hold period under applicable securities\n laws in Canada.\n\n\nThis news release does not constitute an offer to sell or a solicitation\n of an offer to buy the securities described herein in the United\n States. The securities described herein have not been and will not be\n registered under the United States Securities Act of 1933, as amended,\n and may not be offered or sold in the United States or to the account\n or benefit of a U.S. person absent an exemption from the registration\n requirements of such Act.\n\n\nAbout Treasury Metals Inc.:\n\n\nTreasury Metals Inc. is a Toronto-based, TSX-listed mining exploration\n and development company developing and permitting the Goliath Gold\n Project located in Northwestern Ontario. The Company's flagship Goliath\n Gold Project is a high-grade gold resource that demonstrates strong\n market fundamentals, access to excellent infrastructure and a skilled\n local workforce. Treasury Metals has commenced the mine permitting\n process at its solely owned project with the vision of a combination of\n surface and underground mining methods and one of four projects\n advanced to the permitting...

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