| Aguila American Gold closes non-brokered Private Placement | |
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[Attachment]
Vancouver, British Columbia - July 5, 2016: Aguila American Gold Limited ('Aguila' or the 'Company') (TSX-V: AGL) Mr. John Huguet, President and CEO, announces that further to the Company's press release dated June 3, 2016, as amended July 14, 2016, the Company has closed the non-brokered private placement by issuing 2,428,600 units (the 'Units'), at a price of $0.07 per Unit, for gross proceeds of $170,002. Each Unit comprised one common share and one common share purchase warrant (a 'Warrant'). Each Warrant entitles the holder to purchase an additional common share of the Company at a price of $0.10 per share for a period of two years from closing. A finder's fee of 59,000 units was paid on a portion of the private placement. Net proceeds will be used for working capital. A director participated in the financing. All securities issued are subject to a hold period of four months plus one day from the date of closing.
ON BEHALF OF THE BOARD,
'John Huguet'
John Huguet
President and CEO
Aguila American Gold Limited
Aguila American Gold Limited is an emerging gold exploration company with an experienced executive management team focused on advancing and developing their prospective gold project, Angostura. Angostura is located 180 kilometres southwest of city of Cuzco, in the Department of Apurimac, southwestern Peru. Angostura is located in a prolific mineral trend, approximately 25 kilometres from the Las Bambas Mine, a major mining project being developed in the area.
For more information visit www.aguilagold.com
Aguila American Gold Limited
Tel: (604) 685 9316
Fax: (604) 683 1585
http://www.aguilagold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Aguila American Resources Ltd.
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EXPLORATION STAGE |
CODE : AGL.V |
ISIN : CA0086312026 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Aguila American Res. is a silver and gold exploration company based in Canada. Its main exploration property is ANGOSTURA PERU in Peru. Aguila American Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 6.2 millions as of today (US$ 4.9 millions, € 4.7 millions). Its stock quote reached its highest recent level on March 11, 2011 at CA$ 2.80, and its lowest recent point on May 15, 2017 at CA$ 0.03. Aguila American Res. has 20 599 749 shares outstanding. |