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Antioquia Gold Extends Private Placement
Published : November 14, 2012
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Keywords :   Colombia | Gold | Market | Precious Metals | Sac |

CALGARY, ALBERTA--(Marketwire - Nov. 14, 2012) - Antioquia Gold Inc. ("Antioquia Gold" or "the Company") (News - Market indicators)(OTCQX:AGDXF) announces that it intends to complete the previously announced private placement financing (the "Offering") on or before December 13, 2012. The terms of the financing remain as stated in the October 16, 2012 news release, reproduced below.

The Offering will raise aggregate gross proceeds of up to $3,000,000 via the issuance of units (the "Units") at $0.12 per Unit (the "Offering"). Each Unit will be comprised of one common share in the share capital of the Company ("Common Shares") and one-half of one common share purchase warrant of the Company ("Warrants"). Each whole Warrant will entitle the holder thereof to purchase one additional Common Share at a price of $0.25 per share for a period of six (6) months from the date of issuance. The Company may pay a finder's fee in connection with this transaction. The cash proceeds will be added to working capital and thereby used to fund the 2012 fourth quarter exploration program at Cisneros. Completion of the Offering is subject to approval from the TSX Venture Exchange.

The Company closed the first tranche of the Offering on October 30, 2012, and issued 11,075,383 units at $0.12 to Desafio Minero S.A.C, a current insider and "control person" of the Company for gross proceeds of $1,329,046.

About Antioquia Gold Inc.

Antioquia Gold has been exploring for precious metals in Colombia since 2007 where its current holdings are close to 40,000 hectares located throughout Colombia. Antioquia's principal asset, which is being actively explored, is its 5,630 hectare Cisneros Project, located 55 km northeast of Medellin in the Department of Antioquia, Colombia. Extensive geochemical and geophysical programs over the entire Cisneros property have identified eleven exploration targets to date. On the original discovery zone, the Company has drilled over 40,000 metres and is well versed in the understanding of the deposit type and the project's path to resource definition and production.

For further information on Antioquia Gold Inc., visit our website at

On behalf of Antioquia Gold Inc.

Richard Thibault, President & CEO

You can also follow Antioquia Gold on Twitter @AntioquiaAGD.

To receive Company news by email, contact and mention "Antioquia Gold" news in the subject line.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained herein constitute forward-looking statements, including statements concerning the anticipated closing of the Offering and the anticipated use of proceeds. We believe the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. Closing could be delayed if the Company cannot obtain necessary regulatory approvals within anticipated timelines and will not be completed unless certain conditions customary for transactions of this kind are satisfied. The forward-looking statements included in this press release are made as of the date of this press release and the Company 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 expressly required by applicable securities legislation.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Neither the 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.

Antioquia Gold Inc.
JoAnne Dorval-Dronyk
CHF Investor Relations
Juliet Heading
416-868-1079 x239
Data and Statistics for these countries : Colombia | All
Gold and Silver Prices for these countries : Colombia | All

Antioquia Gold Inc.

ISIN : CA0371801063
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Antioquia Gold. is an exploration gold company based in Canada.

Its main exploration property is CISNEROS in Colombia.

Antioquia Gold. is listed in Canada. Its market capitalisation is CA$ 19.2 millions as of today (€ 17.6 millions).

Its stock quote reached its highest recent level on January 08, 2010 at CA$ 0.69, and its lowest recent point on March 13, 2015 at CA$ 0.01.

Antioquia Gold. has 239 820 422 shares outstanding.

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In the News and Medias of Antioquia Gold Inc.
7/30/2010Antioquia Gold's Prolific Progress in Colombia
Financings of Antioquia Gold Inc.
2/25/2014Announces Closing of Private Placement of Units
12/20/2013Announces Closing of Private Placement of Units
11/7/2013Announces Private Placement of Units
5/30/2013Announces Private Placement Closing
5/8/2013Announces Private Placement Closing
2/20/2013Antioquia Gold Inc. Closes Non-brokered Private Placement
2/19/2013Closes Non-brokered Private Placement
12/13/2012Closes Second Tranche Private Placement
11/15/2012Antioquia Gold Extends Private Placement
11/14/2012Extends Private Placement
11/7/2012Antioquia Gold Inc. Announces Amendment to Warrant Terms
11/7/2012Announces Amendment to Warrant Terms
10/31/2012Antioquia Gold Inc. Closes First Tranche of Private Placemen...
10/31/2012Closes First Tranche of Private Placement
10/16/2012Antioquia Gold Reprices Private Placement
10/16/2012Reprices Private Placement
9/17/2012Antioquia Gold Inc. Announces Private Placement
9/17/2012Announces Private Placement
5/17/2012Antioquia Gold Inc. Closes Private Placement
4/21/2011Extends Warrants Due to Expire April 22, 2011
1/21/2011Announces a $7.8 Million Non-Brokered Private Placement
Nominations of Antioquia Gold Inc.
12/11/2013Announces Appointment of New Director
4/19/2013Announces Directors' Resignations and Board Restructuring
3/15/2013Announces VP Resignation
12/18/2012Announces CEO Resignation
7/19/2012Antioquia Gold Appoints New Director
6/9/2011Antioquia Gold Appoints New Director
Project news of Antioquia Gold Inc.
6/22/2015Antioquia Gold to proceed with underground mine at Cisneros ...
8/29/2013(Cisneros)Announces a Resource Estimate =?ISO-8859-1?Q?=20for=20Cisner...
8/12/2013Miranda Applies For Four Exploration Licenses In The Antioqu...
12/6/2012Site Visit to Cisneros Gold Project, Colombia - Antioquia Go...
11/29/2012Antioquia Gold Completes 2012 Drilling Program at Cisneros
11/29/2012(Cisneros)Completes 2012 Drilling Program at Cisneros
8/8/2012Antioquia Gold Achieves Positive Results from Phase 1 Drilli...
4/27/2012Antioquia Gold Inc=2E Initiates 2012 Drilling Program at Cis...
2/2/2012Antioquia Gold Inc=2E Expands Discovery andDelineation of Go...
12/16/2011Antioquia Gold Changes Financial Year End and Provides Drill...
11/7/2011Antioquia Gold Intersects 18=2E57 g/t Au Ove =?ISO-8859-1?Q?...
9/22/2011Antioquia Gold Inc=2E Signs Letter of Intent With Trident Go...
9/21/2011Antioquia Gold Inc=2E Intersects 16=2E21 g/t =?ISO-8859-1?Q?...
9/15/2011Antioquia Gold Inc=2E Intersects 22=2E3 g/tAu Over 3=2E1m In...
9/12/2011Antioquia Gold Inc=2E Continues to Expand the Cisneros Proje...
7/22/2011Antioquia Outlines Significant Advances at Cisneros Project,...
6/28/2011Antioquia Gold Intersects High-Grade Gold at =?ISO-8859-1?Q?...
5/30/2011(Cisneros)Discovers Two New Gold Zones at Cisneros Project, Colombia
5/6/2011Antioquia Gold Inc=2E: The Company's Systematic Approach to ...
2/22/2011(Cisneros)Antioquia Gold Commences 2011 Drilling Program at Cisneros i...
2/22/2011(Cisneros)Commences 2011 Drilling Program at Cisneros in Colombia
12/21/2010(Cisneros)Announces More Gold Assayed From Cisneros
12/1/2010(Cisneros)Defines 20+ New Drill Targets from IP Ground Geophysical Pro...
12/1/2010Antioquia Defines 20+ New Drill Targets from IP Ground Geoph...
9/29/2010(Cisneros)Commences Further Drilling and Geophysics at the Cisneros Pr...
9/27/2010(Cisneros)Announces More Gold Assayed at Cisneros
Corporate news of Antioquia Gold Inc.
7/29/2016Guaico Comedor
7/29/2016Geomecanica Geologia
7/29/2016Guaico - Portal, Shop and Water Treatment Plant
7/29/2016Guaico - Office, Warehouse, 1st Aid Clinic
7/26/2016Antioquia Announces New Director and Cisneros Project Update
6/2/2016Antioquia Announces Suspension of Shares for Debt Transactio...
6/2/2016Antioquia Announces Shares for Debt Transaction
5/27/2016Antioquia Announces Suspension of Shares for Debt Transactio...
5/17/2016Antioquia Announces Shares for Debt Transaction
5/5/2016Cisneros Project Update Photos
5/5/2016Antioquia Announces Cisneros Project Update
3/18/2016Antioquia Announces Cisneros Project Update
1/18/2016Antioquia Announces Cisneros Project Update
1/18/2016Jim Decker 32 m in Guaico Tunnel Jan 13 2016
1/18/2016Explosives Magazine Jan 13 2016
1/18/2016Cat 3 cu m Scoop
1/18/2016Felipe Ferraro + Julian Villarruel 32m
1/18/2016Guaico Portal Overview Jan 13 2016
1/18/2016HAMM Compactor
1/18/2016Guaico Portal 2 Jan 13 2016
1/18/2016Julián Villarruel Felipe Ferraro Jim Decker Mick Gavrolvic
1/18/2016Light Vehicle Sevice Bay
12/7/2015Welding Arches
12/7/2015Arch Installation
12/7/2015Excavating Portal
12/7/2015Explosives Magazine with Protective Sandbags
12/7/2015Guaico Portal
12/7/2015Reinforcement Plate Installation
12/7/2015Drilling Drainage Holes
12/7/2015Guaico Portal Site Overview
12/4/2015Antioquia Announces New President and CEO, Results of Shareh...
12/3/2015Antioquia Announces New President and CEO, Results of Shareh...
10/14/2015Antioquia Announces Start-Up at Cisneros with Initiation of ...
10/13/2015Antioquia Announces Start-Up at Cisneros with Initiation of ...
9/24/2015Antioquia Announces Exercise of Warrants By Infinita Prosper...
9/23/2015Antioquia Announces Exercise of Warrants by Infinita Prosper...
8/20/2015eResearch Update Report
8/11/2015Antioquia Announces Exercise of Warrants By Infinita Prosper...
6/18/2015Antioquia Announces Exercise of Warrants By Infinita Prosper...
6/18/2015Infinita Prosperidad Minera S.A.C. Exercises Warrants of Ant...
6/10/2015Antioquia Gold Announces Decision to Proceed with Undergroun...
3/13/2015Antioquia Gold Announces Appointment of New President and Ch...
2/18/2015Antioquia Gold Announces Appointment of New President and Ch...
5/20/2014Antioquia Gold Inc: Financing & Concordia Betulia Deal with ...
4/1/2014Antioquia Gold Announces Closing of Private Placement of Uni...
1/9/2014Announces Corporate Advisory Agreement With Westmount Capita...
5/1/2013Announces Management Appointment, Private Placement and Long...
2/28/2013Antioquia Gold Inc=2E Announces Fernando Jaramillo as Direct...
2/28/2013Announces Fernando Jaramillo as Director Immediately and Pre...
9/27/2012Antioquia Gold Completes Phase 2 Drilling and Extends Guaico...
9/27/2012Completes Phase 2 Drilling and Extends Guaico Mineralization...
9/12/2012Antioquia Gold Reports Additional Positive Dri =?ISO-8859-1?...
9/11/2012(Cisneros)Reports Additional Positive Drilling Results at Cisneros, In...
3/21/2012Antioquia Gold Inc=2E Reports on 2011 Activities and 2012 Pl...
2/7/2012Antioquia Gold Inc=2E Defines New Regional G =?ISO-8859-1?Q?...
11/2/2011Antioquia Gold Announces Manager of Investor Relations and G...
10/20/2011Antioquia Gold Reports Additional High-Grade Gold Intersecti...
9/8/2011Antioquia Gold Inc. Commences Trading on the U.S.-OTCQX
6/28/2011(Cisneros)Intersects High-Grade Gold at Guaico Prospect, Cisneros Proj...
5/27/2011Antioquia Gold Discovers Two New Gold Zones =?ISO-8859-1?Q?=...
5/11/2011Antioquia Gold Retains Contrary Investors Cafe
5/11/2011Retains Contrary Investors Cafe
4/21/2011Antioquia Gold Extends Warrants Due to Expire April 22, 2011
4/12/2011Antioquia Gold Mobilizes Second Drill Rig at Cisneros in Col...
4/12/2011(Cisneros)Mobilizes Second Drill Rig at Cisneros in Colombia
3/25/2011Unveils 2011 Exploration Program in Colombia; Grants Stock O...
3/25/2011Antioquia Gold Unveils 2011 Exploration Program in Colombia;...
2/17/2011Antioquia Commences Airborne Geophysical Survey at Cisneros
2/17/2011Commences Airborne Geophysical Survey at Cisneros
12/21/2010Antioquia Announces More Gold Assayed From Cisneros
12/15/2010Antioquia Gold Inc. Files its Annual Information Form
11/12/2010Antioquia Gold Retains CHF Investor Relations
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