Trigold Closes Non-Brokered Private Placement
18 3월 2014 - 5:29AM
Marketwired
Trigold Closes Non-Brokered Private Placement
EDMONTON, ALBERTA--(Marketwired - Mar 17, 2014) - TRIGOLD
RESOURCES INC. (the "Company" and "Trigold") (TSX-VENTURE:TGD) is
pleased to announce that it has completed its non-brokered private
placement consisting of 6,000,000 shares at a price of $0.05 per
share, for gross proceeds of $300,000. The shares issued pursuant
to this private placement are subject to a hold period expiring on
July 15, 2014.
The Company paid finder's fees in the amount of $4,800 to an
arm's length party in connection with this private placement.
The net proceeds of the private placement are for the evaluation
of exploration assets and for general corporate purposes.
About Trigold Resources: Trigold is working towards completion
of a Definitive Agreement for the acquisition of a 90% interest in
mineral tenements to be acquired by a Canadian Corporation that is
negotiating for the tenement transfer of mineral exploration
permits in Papua New Guinea (PNG). The Agreement is subject to
acceptable financing and approval from the PNG Mineral Resources
Authority.
The PNG projects are advanced gold, silver and copper projects
with considerable historical exploration. The most advanced project
includes ninety-three drill holes totaling 8,500 meters that were
completed within the licence area. Results from historic drilling
include: 133m at 1.83 g/t gold, 72m at 1.79g/t gold, and 43m at
2.35g/t gold. In addition, trenching results include: 131m of
2.36g/t gold, 40m at 8.89g/t gold; and 97m at 3.39g/t gold.
The completion of a Definitive Agreement is subject to the
approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim Greig, President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Service Provider
(as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Trigold Resources Inc.Jim GreigPresident and Chief Executive
Officer(780) 437-6624(780)
439-7308info@trigoldexploration.comwww.trigoldexploration.com
Trigold Resources Inc. (TSXV:TGD)
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