TSX-V Ticker: KKV MONTREAL, July 12, 2013 /CNW Telbec/ - Algold Resources Ltd. ("Algold" or the "Company") (TSXV: KKV) is pleased to announce the closing of a private placement (the "Private Placement") of 6,774,998 units (the "Units") at a price of C$0.15 per Unit for gross proceeds of approximately C$1,016,250. Each Unit is comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of C$0.20 at any time prior to January 11, 2015. The Private Placement forms part of a solicitation by Algold of up to...
↧