| Aguila American Gold Amends Non-Brokered Private Placement | |
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Vancouver, British Columbia - June 14, 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, the Company has amended the non-brokered private placement by increasing the amount of the financing and adding warrants. The Company will now issue up to 2,428,600 units (the 'Units'), at a price of $0.07 per Unit, to raise gross proceeds of up to $170,002. Each Unit comprises one common share and one common share purchase warrant (a 'Warrant'). Each Warrant will entitle the holder to purchase an additional common share of the Company at a price of $0.10 per share for a period of two years from closing. A finder's fee will be payable on a portion of the private placement and net proceeds will be used for working capital. Insiders will participate in the financing. All securities issued will be subject to a four month hold period from the date of closing. The financing is subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD,
'John Huguet'
John Huguet
President and CEO
Aguila American Gold Limited
Aguila American Gold Limited is an emerging gold exploration company with an experienced executive management team focused on advancing and developing their prospective gold project, Angostura. Angostura is located 180 kilometres southwest of city of Cuzco, in the Department of Apurimac, southwestern Peru. Angostura is located in a prolific mineral trend, approximately 25 kilometres from the Las Bambas Mine, a major mining project being developed in the area.
For more information visit www.aguilagold.com
Aguila American Gold Limited
Tel: (604) 685 9316
Fax: (604) 683 1585
http://www.aguilagold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Aguila American Resources Ltd.
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EXPLORATEUR |
CODE : AGL.V |
ISIN : CA0086312026 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Aguila American Res. est une société d’exploration minière d'argent et d'or basée au Canada. Son principal projet en exploration est ANGOSTURA PERU au Perou. Aguila American Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 6,2 millions CA$ (4,9 millions US$, 4,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 mars 2011 à 2,80 CA$, et son plus bas niveau récent le 15 mai 2017 à 0,03 CA$. Aguila American Res. possède 20 599 749 actions en circulation. |