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Crown Gold Announces Results of Annual and Special Meeting and Update on Previously Announced Financing
Toronto, Ontario--(Newsfile Corp. - June 13, 2014) - Crown Gold Corporation (TSXV: CWM) (" Cro...
About this update from Us Copper Corp
[{"type":"text","content":"\nCrown Gold Announces Results of Annual and Special Meeting and Update on Previously Announced FinancingToronto, Ontario--(Newsfile Corp. - June 13, 2014) - \n Crown Gold Corporation (TSXV: CWM) (\"Crown\" or the \"Company\") is pleased to report that at the annual and special meeting of shareholders (the \"Meeting\") held \non May 29, 2014, all resolutions proposed to shareholders were duly passed, including the re-election of Stephen Dunn, James Fairbairn, Donald A. Sheldon and George Cole as well as the election of Rich Morrow as directors of the Company. \n\nFurther to its news release dated May 3, 2014, Crown also announces that the Company expects to close on or about June 20, 2014, its previously announced non-brokered private placement of up to 30,000,000 pre-consolidation (3,000,000 \npost-consolidation) units (the \"Units\") at a price of CAD$ 0.01 per pre-consolidation ($0.10 post-consolidation) Unit for aggregate gross proceeds to Crown of up to $300,000 (the \"Private Placement\"). Each Unit is comprised \nof one common share and one common share purchase warrant. The Company will use the proceeds of the Private Placement at its Superior Project and for general working capital purposes.\n\nFurther details on the Private Placement can be found in Crown's press release dated May 3, 2014, a copy of which is available under Crown's SEDAR profile at \nwww.sedar.com.\n\nFor more information please see the Crown website at \nwww.crowngoldcorp.com. \n\nFor Further Information Contact: \n\nMr. Stephen Dunn, President, CEO, and Director, Crown Gold Corporation (416) 361-2827 or email \[email protected].\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. \n\nThis press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and regulations, including statements regarding the future activities of the Company. Forward-looking statements reflect \nthe current beliefs and expectations of management and are identified by the use of words including \"will\", \"anticipates\", \"expected to\", \"plans\", \"planned\" and other similar words. Actual \nresults may differ significantly. The achievement of the resu...