| Home : March 2011 : March 24, 2011 News : MGold Completes $599,970 Private Placement |
MGold Completes $599,970 Private Placement |
March 24, 2011
MONTREAL, QUEBEC--(Marketwire - March 23, 2011) - MGold Resources Inc. (TSX VENTURE:MNI) ("MGold" or the "Company") has completed the second tranche of a non-brokered private placement of 953,363 units (the "Units") at a purchase price of $0.11 per Unit for gross proceeds of $104,870. The first tranche of this non-brokered private placement, which closed on February 25, 2011, provided gross proceeds of $495,100 resulting in combined gross proceeds of $599,970 for the entire Offering.
http://www.marketwire.com/mw/release.do?id=1416706&sourceType=3
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