California Gold Announces Private Placement (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 LAW.) Toronto, Ontario (FSCwire) - California Gold Mining Inc. (“California Gold” or the “Company”) announces today that it intends to carry out a non-brokered private placement of up to 3,230,769 units (“Units”) at a price of $0.65 per Unit for total proceeds of up to $2,100,000 (the “Offering”). Each Unit is comprised of one common share and one half common share purchase warrant, with each whole warrant (“Warrant”) entitling the holder to acquire a further...
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