Key Gold Holdings Inc. Announces a Non-Brokered Private Placement of Flow-Through Shares
December 30 2010 - 4:16PM
Marketwired
Key Gold Holding Inc. (TSX VENTURE: KGH) (the "Company") hereby
announces its intention to close on or about December 31st, 2010 a
non-brokered private placement consisting of 3,333,333 flow-through
shares at a price per share of $0.18 for proceeds of a maximum of
$600,000.
The Company intends to pay an intermediary fee of 10% on the
proceeds of the contemplated financing to limited market
dealers.
About Key Gold Holding Inc.
Key Gold Holding Inc. is a junior mining exploration company
listed on the TSX Venture Exchange whose mission, among others, is
to invest in small-scale gold production projects and to provide
expertise in financial and mining engineering with the objective of
maximizing return on investments and shareholders' value.
Forward looking Statement:
This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not
under the Company's control which may cause actual results,
performance or achievements of the Company to be materially
different from the results, performance or expectation implied by
these forward looking statements.
Shares outstanding : 18,360,574
Neither 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.
Contacts: Louis Lessard President 514-650-4171
louis.lessard@keygoldholding.com
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