SGR:TSX || SGRCF:OTCQX
www.sangold.ca
BISSETT, MB, Feb. 18 /PRNewswire/ - San Gold Corporation
(Bissett, Manitoba) (TSX: SGR)
(OTCQX: SGRCF) (the "Company") is pleased to announce that it has
amended its previously announced financing with a syndicate of
agents co-led by Primary Capital Inc. and CIBC and including
Dundee Securities Ltd. (the
"Agents") to increase the number of flow-through common shares of
the Company (the "Flow-Through Shares") that the Agents will sell
from 5,400,000 to 6,650,000 Flow-Through Shares at a price of
$3.75 per Flow-Through Share (the
"Issuer Price"). The gross proceeds have correspondingly increased
from $20,250,000 to $24,937,500. The
option granted to the Agents to sell an additional 1,350,000
Flow-Through Shares at the Issue Price for up to an additional
$5,062,500 has not changed. All other
terms of the offering remain the same.
These securities being offered have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") and may not be offered or sold
in the United States or to, or for
the benefit of, U.S. persons (as defined in Regulation S under the
U.S. Securities Act) absent registration or an applicable exemption
from registration requirements. This release does not constitute an
offer for sale of securities in the
United States.
For further information contact Investor Relations at
1-800-321-8564 or visit http://www.sangold.ca/.
NOTE: The information in this release may contain
forward-looking information under applicable securities laws. This
forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause actual results to
differ materially from those implied in the forward-looking
information.
Neither the Toronto Stock Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
Toronto Stock Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE San Gold Corporation
Copyright . 18 PR Newswire
