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Luiri Gold has completed First Placement for $1.5 mln

July 12, 2009 @ 2:11 am In Gold Company News

Luiri Gold Limited declared that is has completed the first phase of the investment by Lachlan Star for 12,416,101 shares at CDN $0.12 for gross proceeds of CDN $1,489,932.10. Lachlan Star elected to convert the Australian $300,000.00 loan as part of this first placement.

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