| Home : October 2010 : October 29, 2010 News : Desafio Minero Completes Second Closing of Subscription for Shares of Antioquia Gold Inc. |
Desafio Minero Completes Second Closing of Subscription for Shares of Antioquia Gold Inc. |
October 29, 2010
LIMA, PERU--(Marketwire - Oct. 28, 2010) - Desafio Minero S.A.C. ("Desafio") announced that on October 28, 2010, it closed its subscription for 4,042,700 additional common shares ("Common Shares") of Antioquia Gold Inc. ("Antioquia") at a price per Common Share of $0.20 (the "Private Placement"). The Private Placement was made pursuant to a private placement subscription agreement entered into on August 9, 2010 between Desafio and Antioquia pursuant to which Desafio agreed to subscribe, in two steps, for up to approximately 16,170,801 Common Shares at a price per Common Share of $0.20. The Private Placement was the second and final closing contemplated by the subscription agreement.
http://www.marketwire.com/mw/release.do?id=1343615&sourceType=3
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