Threegold closes Private placement

Threegold Resources Inc. (TSX VENTURE:THG) today announced that the company has closed a $604,800 private placement by issuing 720 units at a price of $840.00 per unit and initiated a private placement of up to $450,000.

The press release is quoted as saying:

In connection with the private placement, Threegold paid cash commission of $49,980 and granted 368,900 compensation warrants to an agent. The non-transferable warrants are valid for a period of 18 months from the closing date of the private placement and exercisable at the issue price of $0.12 per share.

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