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

To: Goose94 who wrote (7473)	7/11/2014 5:51:50 PM
From: Goose94	Read Replies (1) \| Respond to of 203519

"Second time coming" Mega Precious Metals (MGP-V) announces Upsizing of private placement to $5.3 Million July 11, '14 - NR Mega Precious Metals is pleased to announce that due to demand, it has increased the size of its non-brokered private placement previously announced on June 17, 2014 and June 25, 2014 (the "Offering") to gross proceeds of up to $5.3 Million consisting of a total of 3.9 Million units (the "Non-Flow-Through Units") for gross proceeds of $0.4 Million and 40.7 Million flow-through units (the "Flow-Through Units") for gross proceeds of $4.9 Million. The terms of the Offering are Non-Flow-Through Units at a price of $0.11 per Non-Flow-Through Unit and Flow-Through Units at a price of $0.12 per Flow-Through Unit. Each Non-Flow-Through Unit will consist of one common share of the Company and one-half of one warrant (each whole warrant a "Warrant") to purchase common shares of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of $0.15 until 18 months following the closing date of the Offering. Each Flow-Through Unit will consist of one common share of the Company, which will qualify as a "flow-through share" within the meaning in the Income Tax Act (Canada) (the "Tax Act") and one-half of one Warrant. For further details of the Offering refer to the Company's news releases dated June 17, 2014 and June 25, 2014. Mega Precious Metals Inc. is a leading Canadian-based exploration company with a high quality pipeline of projects located in the mining friendly jurisdictions of Manitoba, Northwestern Ontario and Nunavut. The Company's significant portfolio includes the flagship Monument Bay Gold Tungsten Project in NE Manitoba as well as the N. Madsen Gold Project in the prolific gold mining district of Red Lake, Ontario. Mega has established a record of delivering rapid growth through their focused and low cost approach to exploration and resource development. The Company's common shares trade on the TSX Venture Exchange under the symbol MGP.