An anonymous director reports
TAKU GOLD CORP. INCREASES PRIVATE PLACEMENT UP TO $7,000,000
Further to Taku Gold Corp.'s Stockwatch news release dated Nov. 11, 2010, its proposed brokered private placement will be increased from $5-million up to $7-million through the issuance of up to 6.68 million flow-through units at a price of 42 cents per FT unit and up to 11.06 million units at a price of 38 cents per unit for total gross proceeds of up to $7-million. Each FT unit shall consist of one common share and one-half of one common share purchase warrant. Each unit shall comprise one common share and one warrant. Each whole warrant shall entitle the holder thereof to acquire one common share of the company at a price of 65 cents for a period of 24 months following the closing of the offering.
In all other respects, the company's Stockwatch news release dated Nov. 11, 2010, remains unchanged.
We seek Safe Harbor.