+ Energold Drilling Corp. - News Releases - Energold Mining Ltd. Announces Completion of Closing of Previously Announced Private Placement - Thu Dec 12, 2019

News Releases


 December 31, 2004
Energold Mining Ltd. Announces Completion of Closing of Previously Announced Private Placement

 VANCOUVER, BRITISH COLUMBIA - Dec. 31, 2004 - Energold Mining Ltd. (TSX VENTURE:EGD) is pleased to announce the successful completion, subject to final regulatory approvals, of the closing of a previously announced private placement. The closing was comprised of 1,875,000 common shares of the company at a price of $0.80 per share for total proceeds of up to $1,500,000. The proceeds from the offering will be used to expand its drill fleet, and for working capital purposes. The securities issued under the private placement will be subject to a hold period from the date of issuance in accordance with TSX Venture Exchange policies.

Vancouver-based Energold Mining Ltd. is a profitable exploration company that holds a 50% interest in contract diamond driller Kluane International Drilling, a controlling interest in silver explorer IMPACT Minerals International Inc. (TSX VENTURE:IPT), as well as a portfolio of projects in the Dominican Republic.

On behalf of the Directors of Energold Mining Ltd.

Frederick W. Davidson, President


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FOR FURTHER INFORMATION PLEASE CONTACT:
Energold Mining Ltd.
Darrell Rader
Corporate Development
(604) 681-9501
(604) 681-6813 (FAX)
Email: info@energold.com
Website: www.energold.com

The TSX Venture Exchange has neither approved nor disapproved this news release.
 
 

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