Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Goose94 who wrote (21603)	8/26/2016 7:40:24 PM
From: Goose94	Read Replies (2) \| Respond to of 203382

Ely Gold & Minerals (ELY-V) Aug 26, '16 is pleased to announce that further to the Company's news release dated August 19, 2016, the Company has increased the size of the non-brokered private placement of units from 8,000,000 Units to 10,000,000 Units at a price of $0.14 per Unit, for gross proceeds of $1,400,000. The Units will be comprised of one common share and one-half of one share purchase warrant. One whole warrant will entitle the holder to purchase one common share for a period of two years at a price of C$.20 per share. The Company may, in appropriate circumstances, pay a finder's fee comprising cash and/or securities in connection with the Offering. The offering is subject to TSX Venture Exchange acceptance. All Securities issued pursuant to the Offering will be subject to a four-month hold period from the closing date. The proceeds from the Offering will be used for property acquisition, royalty acquisition and for general working capital. About Ely Gold Ely Gold is focused on developing recurring cash flow streams through the acquisition, consolidation, enhancement, and resale of highly prospective, un-encumbered North American precious metals properties. Ely's property development efforts maximize each property's potential for acquisition, while reserving significant royalty interests. Additional information about Ely Gold is available at the Company's website, at www.elygoldinc.com Stephen Kenwood, P. Geo, is director of the Company and a Qualified Person as defined by NI 43-101. Mr. Kenwood has reviewed and approved the technical information in this press release. On Behalf of the Board of Directors Trey Wasser, President & CEO For further information, please contact: trey@elygoldinc.com 972-803-3087 ir@elygoldinc.com 647 964 0292 elygoldinc.com