| Minaurum Closes Final Tranche of Financing | |
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Minaurum Gold Inc. ('Minaurum') is pleased to announce it has closed the second and final tranche of a non-brokered private placement raising $147,000. With this final tranche, Minaurum has raised a total of $2,654,625. There was no finder's fee paid in connection with this tranche.
The proceeds of the private placement will be used by Minaurum for working capital purposes.
Minaurum also announces that it has granted 1,600,000 incentive stock options under its stock option plan to officers, directors and consultants of the Company. The options granted to directors and officers will replace options that recently expired. The options are exercisable at a price of $0.10 per share for a period of five years.
Minaurum Gold is a gold-copper explorer with a portfolio of projects in Mexico. For more information, please visit our website at www.minaurum.com and our YouTube Minaurum Video Channel (http://www.minaurum.com/s/VideoGallery.asp).
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Minaurum Gold
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EXPLORATION STAGE |
CODE : MGG.V |
ISIN : CA60252Q1019 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Minaurum Gold is a gold and silver exploration company based in Canada. Its main exploration properties are ADELITA, AURENA, VUELCOS DEL DISTINO and SANTA MARTA in Mexico. Minaurum Gold is listed in Canada. Its market capitalisation is CA$ 60.6 millions as of today (US$ 44.1 millions, € 41.4 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. |