RE:NR - Uragold Announces Closing of Private PlacementGood sign when Patrick and Bernard buy 30% of the P.P.:
…non-brokered private placement consisting of the issuance and sale of an aggregate amount of 8,396,000 units…Mr. Bernard Tourillon, the Chairman, CEO and Director of Uragold, through a wholly owned company, 3245004 Canada Inc., and Mr. Patrick Levasseur, the President, COO and Director of Uragold, through a wholly owned company, Ice Age Gold Corporation have subscribed to 1,390,000 Units and 1,190, 000 Units, respectively. Following the completion of the Private Placement, Mr. Tourillon and 3245004 Canada Inc., taken together, and Mr. Levasseur, and Ice Age Gold Corporation, taken together beneficially own or exercise control or direction over, directly or indirectly, respectively, 5,338,750 Common Shares and 7,257,250 Common Shares, representing approximately 4.84% and 6.58% of the issued and outstanding Common Shares of the Company.