As per our previousdiscussion:
A number of weeks ago youexpressed interest in participation in our institutional financing.At USD $0.04 with warrants at $0.12 and $0.16 the represents an unprecedented opportunityto take a significant stake in what we fullyexpect to be California ’snext great mine.We are now opening what remains of thisinstitutional financing (up to $250,000 in total) to the retail who haveexpressed interest our story. If you would like to participate youwill need to contact me quickly and reflect your interest.
Please see adescription of the terms below. The PDFs attached to this email includeall the paperwork you need to participate.
Emgold Mining Corporation
Financing Fall 2008
Terms:
- Units @ USD $0.04 consisting of one share and one full share purchase warrant for raise gross proceeds of USD $1,000,000
- The warrant underlying the Unit will be exercisable for a period of 24 months at a priced of USD $0.12 for the first 12 months and at USD $0.16 cents for remaining 12 months.
InvestmentRationale:
- Emgold has the rights to the Idaho-Maryland Gold Mine, located in Grass Valley , CA . The Idaho-Maryland Mine was historically the second largest underground gold mine in California , producing 2.4 million ounces. It is adjacent to the historic Empire Mine, Newmont Mining Corporation’s first operating mine, which produced 5.8 million ounces of gold (the mineral rights are still owned by Newmont). The Grass Valley District produced 17 million ounces of gold.
- Emgold’s Idaho-Maryland project contains a NI 43-101 compliant gold resource (472,000 measured and indicated ounces and 1,002,000 inferred ounces). Emgold believes that there is significant potential to identify substantial additional gold resources on the I-M Project, and intends to permit, dewater, rehabilitate, explore and reopen the historic mine.
- Emgold plans to operate a 2,400 ton per day operation with potential gold production of 200,000 plus ounces of gold per year. Emgold is poised to become a new mid-tier gold producer in the next five years.
- Emgold is now in the final phase of permitting with the Draft Environmental Impact Report (“DEIR”), expected to be completed in October 2008, and the Final Environmental Impact Report (“FEIR”) expected to be completed Q1 of 2009.
Finders’fee:
Attached pleasefind the following:
- Emgold Due Diligence Summary
- Emgold Fact Sheet
- Emgold Finder’s Fee Agreement
- Emgold Term Sheet
- Emgold Subscription Agreement
- Emgold Wire Instructions
Instructions:
- All Subscribers please fill out pp. 1 and 2 of the Subscription Agreement with as much detail as applicable. Please unsure to provide the Subscriber’s physical address, phone number and email address. Please make sure the Subscriber signs p. 1.
- Corporate placees please completeSCHEDULE C “ Form 4C Corporate Placee Registration Form”pp. 1 and 2 with as much detail as applicable. Please make sure you sign and date p. 2.
- Canadian “accredited investors” please read and complete SCHEDULE A, “CERTIFICATE OF ACCREDITED INVESTOR” pp. 1 and 2. Note: please initial at least one category to show how you are an accredited investor, and make sure you sign and date p. 2.
- U.S. “accredited investors” please read and complete SCHEDULE D, “CERTIFICATION OF U.S. PURCHASER” pp. 1 to 4. Note: please initial at least one category listed at pp. 2 and 3 of the Schedule D to show how you are an accredited investor, and make sure you sign and date p. 4.
- Final filing and closing is December 15, 2008.
*REQUIRED PP. FOR RETURN*Please return pp. 1 and 2 of the Subscriptions Agreement and any Schedule (inits entirety) which the Subscriber completed. These pp. should be faxeddirectly to the attention of Rodrigo Romo at 1-604-687-4212
Subscription funds in the form of a certifiedcheck, or bank draft should be made payable to Emgold Mining Corporation and remitted concurrently with thedelivery of the completed Subscription Agreement and applicableSchedules. If you intend to remitsubscription funds via wire transfer, please use the attached wire instructions.
Should you have any questions regarding thecompletion and/or remittal of documents or subscription funds, please contactRodrigo Romo directly at:
Fax: 1-604-687-4212
Phone: 1-604-687-4622 (ext. 226)
N. AmericaToll-free: 1-888-267-1400 (ext. 226)
Email: rromo@langmining.com
Mailing address:
#1400- 570 Granville Street
Vancouver,British Columbia
CanadaV6C 3P1
Additionally, should you have any questionsregarding Emgold or its projects, please do not hesitate to call me at thetelephone number below.
Thanks kindly,
Jeff Stuart
Emgold Mining Corporation
179Clydesdale Ct.
Grass Valley,CA
95945 USA
Tel: 604 646 1553
Toll Free: 1 888 267 1400 ext. 248
jstuart@emgold.com
www.emgold.com
Right now, Gold is beating everything insight, and it won’t be long before the Gold stocks follow!