To: Goose94 who wrote (15018 ) 3/4/2016 7:41:25 AM From: Goose94 Read Replies (2) | Respond to Pilot Gold (PLG-T) March 4th 2016 announces that it has completed its non-brokered private placement announced on February 22, 2016 (the "Private Placement"). Under the Private Placement, a total of 17,893,000 units of the Company ("Units") were sold at a price of C$0.25 per Unit, for gross proceeds of C$4.47 million. Each Unit consists of one common share of the Company ("Common Share") and one-half of one Common Share purchase warrant ("Warrant"). Each full Warrant entitles the holder to acquire one Common Share at an exercise price of C$0.40 for a period of 24 months from the closing date of the Private Placement. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act), absent such registration or an applicable exemption from such registration requirements. ABOUT PILOT GOLD www.pilotgold.com info@pilotgold.com www.pilotgold.com
