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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (9913)	10/28/2014 8:43:57 AM
From: Goose94	Read Replies (1) of 202373

Visible Gold Mines (VGD-V) Rob McEwen eyeing my grass root Gold play for 2015 - Nice shot in the arm. McEwen Mining (MUX-T) Oct 28, '14 has subscribed, by way of a private placement, for 8,333,333 common share units of Visible Gold Mines Inc. at a price of six cents per unit for an aggregate amount of $500,000. Each unit consists of one common share and one warrant. Each warrant entitles McEwen Mining to purchase one additional common share in Visible Gold at a price of 10 cents until April 27, 2016. The common shares and warrants purchased pursuant to the transaction represent ownership of approximately 10.4 per cent of the issued and outstanding shares of Visible Gold postclosing (or approximately 18.9 per cent on a partially diluted basis). McEwen Mining entered into the transaction for investment purposes and may increase or reduce its investment in Visible Gold according to market conditions or other relevant factors. A copy of the early warning report filed in connection with the transaction will be made available on SEDAR.

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