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PC Gold Closes Private Placement For $2,000,000 | | | | Ottawa, Ontario – March 12, 2009 - PC Gold Inc. Inc. (TSX: PKL) (“PC Gold” or the “Company”) is pleased to announce that it has closed its previously announced private placement financing through the issuance of 4,000,000 units (the “Units”), including 1,000,000 Units issued upon exercise of an over-allotment option, at a price of $0.50 per Unit for total gross proceeds to the Company of $2,000,000 (the “Offering”). Each Unit is comprised of one common share of PC Gold (a “Unit Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one common share of PC Gold at a price of $0.70 per share until March 12, 2010.For a full pdf copy of the press release please click here. | | |
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