Ecuador Gold & Copper Corp. announces non-brokered Private Placement for US$1,000,000
June 19 2013 - 6:59PM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
TORONTO,
June 19, 2013 /CNW/ - Ecuador Gold
& Copper Corp. (TSX-V: EGX) is pleased to announce that it has
closed a non-brokered private placement (the "Private
Placement") with Aura International Services Ltd. for
13,560,000 common shares (the "Shares") at a price of
CDN$0.075 per Share for gross
proceeds of US$1,000,000.
The Shares issued are subject to a four-month
hold period from the date of issuance.
The proceeds of the Private Placement will be
used for exploration and development of the Company's Condor Gold
Project and for general working capital purposes.
Cautionary Note
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Ecuador Gold and Copper Corp.
Copyright 2013 Canada NewsWire