/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
VANCOUVER, April 23, 2013 /CNW/ - Ecuador Gold and Copper Corp. (TSXV: EGX) (the "Company") is pleased to announce it has closed the private placement (the "Private Placement") disclosed in its news release dated April 19, 2013, of 9,090,909
common shares (the "Shares") of the Company at a price of US$0.11 per Share for gross proceeds of
US$1,000,000.
The Shares issued are 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.
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Ecuador Gold and Copper Corp.
Carson Phillips
Vice-President, Corporate Development
Telephone: (604) 569-1621
E-mail: cphillips@ecuadorgoldandcopper.com