SnipGold Announces Private Placement
20 Dicembre 2013 - 2:30PM
Marketwired
SnipGold Announces Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 20, 2013) -
SnipGold Corp. (TSX-VENTURE:SGG) ("SnipGold" or the "Company") is
pleased to announce, subject to TSX Venture Exchange ("TSX-V")
approval, a non-brokered private placement of non-flow-through
units (Units) of the Company for gross proceeds of up to
$300,000.
Units
Each unit will be priced at $0.08 and will consist of one common
share and one non-transferable warrant of the Company. Each warrant
will entitle the holder to purchase one common share of the Company
at $0.08 per share for a period of 24 months after the closing of
the private placement.
Fees and Proceeds
Subject to TSX Venture Exchange approval, the Company may pay up
to 7% cash finders' fees in connection with the private placement.
The proceeds will be used to advance earn in discussions,
compilation and interpretive work as well as general corporate
purposes.
About SnipGold
SnipGold Corp. is a Canadian junior exploration company focused
on the exploration and expansion of gold resources in northwest
British Columbia. SnipGold's board and management have significant
experience in both the discovery and development of gold projects
in this area.
On Behalf of the Board of Directors,
SnipGold Corp.
John Zbeetnoff, Chief Executive Officer
NEITHER 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 RELEASE.
SnipGold Corp.John
ZbeetnoffCEO604-681-3989604-681-3557info@snipgoldcorp.comwww.snipgoldcorp.com
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