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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (3211)	11/25/2013 12:57:26 PM
From: Goose94	Read Replies (3) \| Respond to of 203442

Algold Resources (ALG-V) PP raised $1.1 million Nov 25, 2013 - News Release Algold Resources Ltd. has closed the second tranche of its private placement for 1,135,000 units at a price of 15 cents per unit for gross proceeds of approximately $170,250. Each unit comprises one common share of the corporation and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of 20 cents at any time for a period of 18 months. The closing of the first tranche, in which the corporation raised $1,016,250, was announced on July 12, 2013.All securities issued in connection with the private placement are subject to a statutory hold period of four months plus one day. Separately, Algold also announces that it has issued 625,000 stock options to certain of its directors, officers and directors of its subsidiaries, each option having an exercise price of 15 cents and expiring 10 years after its issuance. Finally, Algold announces the recent filing of a technical report dated Oct. 31, 2013, titled "Kneivissat Property, Mauritania, 43-101 Technical Evaluation Report." This report relates to Algold's property in Mauritania, which was acquired in January, 2013.