Home : April 2011 : April 07, 2011 News : Victory Gold Mines Inc. Closes on $490,500 Common Share Units and Flow-Through Financing

Victory Gold Mines Inc. Closes on $490,500 Common Share Units and Flow-Through Financing

April 07, 2011

TORONTO, ONTARIO--(Marketwire - April 6, 2011) - Victory Gold Mines Inc. ("Victory Gold") announces that on March 31, 2011 it closed on the first tranche of 2,600,000 units of a private placement financing at $0.15 per common share unit. Each unit consists of one common share and a half-warrant, with each full warrant being exercisable at $0.25 per share for 18 months from the date of closing. No finders fee was paid.

http://www.marketwire.com/mw/release.do?id=1423971&sourceType=3
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