| Home : August 2012 : August 21, 2012 News : Uragold Closes Non-Brokered Private Placement |
Uragold Closes Non-Brokered Private Placement |
August 21, 2012
MONTREAL, QUEBEC, CANADA--(Marketwire - Aug. 21, 2012) - Uragold (the "Company""UBR")(TSX VENTURE:UBR), is pleased to announce that it has closed a non-brokered private placement for a total placement of $116,200.00. This will result in sale of up to 1,936,667 units (Units) at a subscription price of $0.06. Each Unit being comprised of 1 common share and 1 common share purchase warrant (the Warrants") of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.10 during a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.
http://www.marketwire.com/mw/release.do?id=1693074&sourceType=3
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