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Provider: Reuters Investment Profile
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Minaurum Gold Inc Announces Non-Brokered Private Placement


Friday, 12 Apr 2013 09:30am EDT 

Minaurum Gold Inc announced a non-brokered private placement of up to $750,000 through the sale of units priced at $0.10. Each unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of $0.15 for the first year and $0.20 for the second year. The proceeds of the private placement will be used by Minaurum for ongoing drill permitting at the Vuelcos del Destino project in the Guerrero Gold Belt, ongoing exploration programs as well as for working capital purposes. 

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