Oregon Gold Private Placement
* Reuters is not responsible for the content in this press release.
TORONTO, ONTARIO, May 27 (MARKET WIRE) --
Oregon Gold (OTCBB: ORGG) announced today that it is commencing a private
placement to raise up to $750,000 at a price of $0.075 per share. The
placement will be on a best efforts basis and will consist of the sale of
units that include two common shares and one warrant exercisable at $0.12
per share good for 2 years. The price of each unit will be $0.15. Use of
proceeds will be for working capital and reduction of debt to Pacific
Gold Corp. (PINK SHEETS: PCFG).
The offered securities have not been registered under the Securities Act
of 1933, as amended, and may not be offered or sold in the Untied States
absent registration or an applicable exemption from registration
requirements.
Forward Looking Information
This news release includes forward-looking statements that reflect Oregon
Gold, Inc.'s current expectations about its future results, performance,
prospects and opportunities. Oregon Gold, Inc. has tried to identify
these forward-looking statements by using words and phrases such as
"may", "will", "expects", "anticipates", "believes", "intends",
"estimates", "should", "typical", "we are confident" or similar
expressions. These forward- looking statements are based on information
currently available to Oregon Gold, Inc. and are subject to a number of
risks, uncertainties and other factors that could cause the Company's
actual results, performance, prospects of opportunities in the remainder
of 2009 and beyond, to differ materially from those expressed in, or
implied by, these forward-looking statements.
Contacts:
Oregon Gold, Inc.
Mitch Geisler
President
416-214-1483
Copyright 2009, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters