News: The Latest PP at $0.35:First Gold closes $397,501 private placement
2010-03-23 12:47 ET - News Release
Mr. Eric Leboeuf reports
FIRST GOLD PREPARES AND REPORTS A PARTIAL CLOSING OF ITS FINANCING
First Gold Exploration Inc. has closed on a portion of a non-brokered private placement, for an amount of $397,501.30.
The company has issued 1,135,718 units of common shares at a price of35 cents per share for gross proceeds of $397,501.30. Each unitconsists of one common share priced at 35 cents and half a warrant topurchase a common share of the company. Each warrant entitles itsholder to purchase one common share of the company at 50 cents for a24-month period after closing of the private placement.