Minaurum Gold

Published : February 06th, 2014

Arranges Shares for Debt

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Keywords :   Copper | Debt | G Mexico | Gold | Mexico | Report |
PROVEN MINE FINDERS PROJECTS NEWS INVESTORS CONTACT   
News Release February 06, 2014

Minaurum Gold Arranges Shares for Debt


Minaurum Gold Inc. ("Minaurum") announces that it has arranged to settle the outstanding debt owed to Minera Mariposa S.A. de C.V. pertaining to un-incurred expenditures on the Jackie and El Porfido properties by issuing an aggregate of 150,000 common shares at a deemed price of $0.533 per common share. The amount of indebtedness to be settled by this arrangement totals US$80,000.

The common shares issued in connection with this debt settlement will be subject to a hold period of four months from issuance. The arrangement is subject to approval of the TSX Venture Exchange.

The Company would also like to report that the shares for debt owing to officers and consultants of the Company, that were announced in a news release dated January 16, 2014, have been issued and that all debts owed to officers and consultants have now been extinguished.

Minaurum Gold is a gold-copper explorer focused on its Vuelcos del Destino project in the Guerrero Gold Belt, Mexico. For more information, please visit our website at www.minaurum.com and our YouTube Minaurum Video Channel at (http://www.minaurum.com/s/VideoGallery.asp).

ON BEHALF OF THE BOARD

"Darrell A. Rader"

Darrell A. Rader
President and CEO

or more information, please contact:
Sunny Pannu - Investor Relations Manager
(778) 330 0994 or via email at info@minaurum.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

1500 - 409 Granville St.
Vancouver, BC V6C 1T2
Telephone 778 330-0994
www.minaurum.com
info@minaurum.com

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release, including statements regarding the settlement of debt, constitute forward-looking information. In making the forward-looking statements in this release, Minaurum has applied certain factors and assumptions that are based on Minaurum' s current beliefs as well as assumptions made by and information currently available to Minaurum, including that the Minaurum is able to obtain any required regulatory approvals. Although Minaurum considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including delays in obtaining or failure to obtain required regulatory approvals. Readers are cautioned not to place undue reliance on forward-looking statements. Minaurum does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
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Minaurum Gold

EXPLORATION STAGE
CODE : MGG.V
ISIN : CA60252Q1019
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Minaurum Gold is a gold and silver exploration company based in Canada.

Its main exploration properties are ADELITA, AURENA, VUELCOS DEL DISTINO and SANTA MARTA in Mexico.

Minaurum Gold is listed in Canada. Its market capitalisation is CA$ 64.1 millions as of today (US$ 51.3 millions, € 44.9 millions).

Its stock quote reached its highest recent level on March 12, 2010 at CA$ 0.95, and its lowest recent point on December 27, 2013 at CA$ 0.03.

Minaurum Gold has 237 482 662 shares outstanding.

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Financings of Minaurum Gold
11/30/2015Minaurum Raises $2.5 Million
11/4/2015Minaurum to Loan Guerrero Ventures $770,000 to explore the B...
9/19/2015Minaurum Gold Closes Final Tranche of Private Placement
9/18/2015Minaurum Gold Closes Final Tranche of Private Placement
8/11/2015Minaurum Gold Closes Third Tranche of Non Brokered Private P...
1/16/2014Closes Second Tranche of Non Brokered Private Placement
1/7/2014Increases Size of Non Brokered Private Placement to $1.3 Mil...
12/21/2013Closes First Tranche of Non Brokered Private Placement
12/20/2013Lowell Copper and Minaurum Gold Enter into Option Agreement;...
6/14/2013Closes First Tranche of Non-Brokered Private Placement
5/24/2013Receives Extension for Non-Brokered Private Placement
4/12/2013Announces Non-Brokered Private Placement
2/22/2011Closes Oversubscribed $5.7M Financing
1/28/2011 arranges $5-million private placement
Option Grants of Minaurum Gold
12/3/2010 1.375.000 Options Grant at $ 0,76 a share
Project news of Minaurum Gold
4/9/2015(Vuelcos Del Distino)Minaurum Receives Drill Permits At Vuelcos Del Destino Proje...
4/9/2015(Vuelcos Del Distino)Receives Drill Permits at Vuelcos del Destino Project in Gue...
6/19/2013(Santa Marta)Receives Report from Dr. James Franklin on the Santa Marta V...
1/17/2013(Adelita)Regains 100% Control of Adelita Gold-Silver-Copper Project
9/20/2012(Adelita)Multiple Copper-Gold-Silver Skarn Zones Discovered at Adelit...
8/28/2012(Adelita)Adelita Gold-Copper Project Expanded, New Skarn Zone Discove...
5/15/2012(Corazonada)Commences Drill Program at Corazonada Silver-Zinc Project an...
2/29/2012(Adelita)Announces Drill Program at Adelita Project, Mexico
1/12/2012Outlines Drill Targets at Vuelcos Del Destino in the Guerrer...
11/30/2011(Aurena)Drilling Outlines New Gold Zone at Aurena Project
6/15/2011(Aurena)(MGG-TSXV) drills 43.50 m of 1.01 g/t Au at Aurena
5/9/2011(Aurena)MGG Minaurum Gold drills 29.05 m of 1.99 g/t Au at Aurena
4/1/2011(Aurena)Increases Drill Program at Aurena Gold Project to 5000m
3/11/2011(Aurena)(MGG-TSXV) names Talbot to board and Moodie CFO, drilling c...
2/16/2011(Adelita)Options Adelita Copper Project to Ocean Park Ventures Corp.
Corporate news of Minaurum Gold
4/25/2016Biricu Project Update
2/6/2014Arranges Shares for Debt
11/20/2013Renegotiates Financing with Global Resources Investment Ltd.
10/3/2013Arranges Estimated $1 Million Financing with Global Resource...
5/15/2013Identifies Numerous High-Grade Gold-Silver Targets at Jackie...
4/15/2013Director & Senior Geologist, David Jones Interviewed By Kitc...
3/21/2013(Adelita)Releases Final Drill Results from Adelita Copper-Gold-Silver...
3/20/2013Analyst Merrill Mchenry: Minaurum Most Leveraged Story in GG...
2/19/2013(El Porfido)Identifies Priority Exploration Targets at the El Porfido Go...
1/24/2013Announces Analyst Coverage Initiated By Industrial Alliance ...
1/17/2013Exhibiting at Cambridge House Vancouver, Jan 20-21 2013
10/30/2012Merrill McHenry: Keeping An Eye on the Guerrero Gold Belt
10/16/2012(El Porfido)Amends Terms of Jackie and El Porfido Agreements
9/11/2012DIRECTOR PETER MEGAW HIGHLIGHTED BY 321GOLD
8/13/2012Senior Geologist David Jones of Minaurum Gold interviewed on...
7/16/2012Announces Analyst Coverage Initiated by Euro Pacific Canada ...
7/5/2012s Investor Video Presentation
6/6/2012Interviews Sean Rakhimov of SilverStrategies.com
5/31/2012(Adelita)Drilling Intersects 201 metres of 0.52% Copper at the Adelit...
4/11/2012Launches New Website & Guerrero Gold Belt Informational Vide...
3/16/2012Announces Silver Coin Winner
1/20/2012We Invite You To Visit Us At the Cambridge Conference In Van...
7/28/2011will be exhibiting at the GATA Gold Rush 2011 Show
6/14/2011(Aurena)Drills 43.50 m of 1.01 g/t Gold at Aurena Project, Mexico
5/9/2011(Aurena)Drills 29.05 m of 1.99 g/t Gold at Aurena Project Drill Prog...
3/29/2011(Aurena)(MGG-TSXV) adds 2,000 m to Aurena drill program
3/11/2011Appoints Lawrence Talbot to the Board of Directors, Cale Moo...
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