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PC Gold Closes Private Placement for $2.4 Million | | | | Ottawa, Ontario – July 22, 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 4,600,000 units (the “Units”) at a price of $0.53 per Unit for total gross proceeds to the Company of $2,438,000 (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 $0.75 per share until July 22, 2010... For a full pdf copy of the press release please click here. | | |
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