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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Post by tradeitquicklyon Jun 14, 2013 5:10pm
155 Views
Post# 21526949

New Financing Completed (US-$1,000,000 )at 7.5 Cen

New Financing Completed (US-$1,000,000 )at 7.5 Cen

 

Ecuador Gold arranges $1-million (U.S.) placement

2013-06-14 14:09 ET - News Release

 

Mr. Glenn Laing reports

ECUADOR GOLD & COPPER CORP.ANNOUNCES NON-BROKERED

PRIVATE PLACEMENT FOR US$1,000,000

Ecuador Gold and Copper Corp. has fully subscribed a non-brokered private placement, subject to the polices and approval of the TSX Venture Exchange, with Aura International Services Ltd. for 13.56 million common shares at a price of 7.5 cents per share for gross proceeds of $1-million (U.S.).

The shares issued will be subject to a four-month hold period from the date of issuance.

The proceeds of the private placement will be used for exploration and development of the company's Condor gold project and for general working capital purposes.

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