Northern Lion Closes Final Tranche of Private Placement

About this update from Northern Lion Gold Corp.

[{"type":"text","content":"Northern Lion Closes Final Tranche of Private Placement(via Thenewswire.ca)\n\n \nVancouver, British Columbia / TNW-ACCESSWIRE / June 2 2014 / Northern Lion Gold Corp. (the \"Company\") announces the closing of the second and final tranche of its previously announced non-brokered private placement by issuing 150,000 units (the \"Units\") at a price of $0.05 for gross proceeds of $7,500.\n\n \n \nThe Company issued 1,400,000 Units on April 17, 2014, which together with the final tranche raised total gross proceeds of $77,500 \n\n \n \nEach Unit consists of one common share of the Company and one share purchase warrant. Each warrant (a \"Warrant\") entitles the holder to purchase one additional common share of the Company at an exercise price of $0.05 until June 2, 2016. The Units are subject to a 4-month hold period expiring October 3, 2014.\n\n \n \nThe proceeds from the private placement will be used to finance expected expenditures on its properties and for general working capital.\n\n \n \nAbout Northern Lion\n\n \n \nNorthern Lion is committed to building a strong portfolio of projects within mining-friendly and infrastructure-rich areas of Europe. Northern Lion currently has a number of exploration permits in the Republic of Cyprus and is pursuing other opportunities within the region. \n\n \n \nNORTHERN LION GOLD CORP.\n\n \n \nJohn Lando, President\n\n \n \nFor information with respect to Northern Lion or the contents of this news release, please contact the Company at (604) 669-2701, toll free at 1 800 663 0510, or email to [email protected] or visit the web site at www.northernliongold.com. \n\n \n \nThis news release includes \"forward-looking information\", as such term is defined in applicable securities laws. The forward-looking information includes, without limitation, statements regarding the proposed use of proceeds of this financing, exploration plans of the Company, including the time thereof, the success of exploration activities and other similar statements concerning anticipated future events, conditions or results that are not historical facts. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be ...

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