In the same category

Minaurum Gold

Published : June 14th, 2013

Closes First Tranche of Non-Brokered Private Placement

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
Keywords :   G Mexico | Gold | Mexico |
News Release June 14, 2013

Minaurum Closes First Tranche of Non-Brokered Private Placement

Minaurum Gold Inc. ("Minaurum") is pleased to announce that further to its news release of April 12, 2013, it has closed the first tranche of its non-brokered private placement of 2,104,400 Units ("Units") at a price of $0.10 per Unit for gross proceeds of $210,440. A four month hold has been placed on these securities expiring on October 13, 2013. Insiders of the company have subscribed for a total of 76% of the financing.

Each unit consists 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 until June 12, 2015.

In connection with the financing, Minaurum has paid a cash finders' fee to certain finders for an aggregate amount of $1,600.

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.

Minaurum Gold is presently focused on its projects in the Guerrero Gold Belt, Mexico. Surface work continues at the Vuelcos del Destino, El P�rfido, and Jackie projects. For more information, please visit our website at and our You Tube Minaurum Video Channel (


"Darrell A. Rader"

Darrell A. Rader
President and CEO

For more information, please contact:
Sunny Pannu - Investor Relations Manager
(778) 330 0994 or via email at

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

1500 - 409 Granville St.
Vancouver, BC V6C 1T2
Telephone 778 330-0994

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release 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. 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. 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.
This email was sent to .com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Minaurum Gold

ISIN : CA60252Q1019
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Minaurum Gold is an exploration gold and silver 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$ 115.2 millions as of today (US$ 84.7 millions, € 75.0 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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
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 $1 Million Financing with Global Resource...
5/15/2013Identifies Numerous High-Grade Gold-Silver Targets at Jackie...
4/15/2013Director & Senior Geologist, David Jones Interviewed By Kitc...
3/21/2013(Adelita)Releases Final Drill Results from Adelita Copper-Gold-Silver...
3/20/2013Analyst Merrill Mchenry: Minaurum Most Leveraged Story in GG...
2/19/2013(El Porfido)Identifies Priority Exploration Targets at the El Porfido Go...
1/24/2013Announces Analyst Coverage Initiated By Industrial Alliance ...
1/17/2013Exhibiting at Cambridge House Vancouver, Jan 20-21 2013
10/30/2012Merrill McHenry: Keeping An Eye on the Guerrero Gold Belt
10/16/2012(El Porfido)Amends Terms of Jackie and El Porfido Agreements
8/13/2012Senior Geologist David Jones of Minaurum Gold interviewed on...
7/16/2012Announces Analyst Coverage Initiated by Euro Pacific Canada ...
7/5/2012s Investor Video Presentation
6/6/2012Interviews Sean Rakhimov of
5/31/2012(Adelita)Drilling Intersects 201 metres of 0.52% Copper at the Adelit...
4/11/2012Launches New Website & Guerrero Gold Belt Informational Vide...
3/16/2012Announces Silver Coin Winner
1/20/2012We Invite You To Visit Us At the Cambridge Conference In Van...
7/28/2011will be exhibiting at the GATA Gold Rush 2011 Show
6/14/2011(Aurena)Drills 43.50 m of 1.01 g/t Gold at Aurena Project, Mexico
5/9/2011(Aurena)Drills 29.05 m of 1.99 g/t Gold at Aurena Project Drill Prog...
3/29/2011(Aurena)(MGG-TSXV) adds 2,000 m to Aurena drill program
3/11/2011Appoints Lawrence Talbot to the Board of Directors, Cale Moo...
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 0.485
07/10 16:05 -0.010
Prev close Open
0.495 0.490
Low High
0.485 0.500
Year l/h YTD var.
0.255 -  0.530 -3.00%
52 week l/h 52 week var.
0.255 -  0.550 -1.02%
Volume 1 month var.
135,717 6.59%
24hGold TrendPower© : 35
Explores for Copper - Gold - Silver
Interactive chart Add to compare
Print Compare Export
Last updated on : 3/15/2015
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 5.21+0.39%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 3.23-7.71%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 2.64+0.57%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 1.08-1.82%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 1.52+7.80%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.02-16.67%Trend Power :
Closes Bridge Loan Financing
CA$ 2.40-1.23%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.78+1.14%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 8.18+1.74%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.13-7.14%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.14+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.96-1.01%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 10.19+3.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.04-18.18%Trend Power :