Eagle Mountain Announces Non-Brokered Private Placement
December 02 2013 - 8:00AM
Marketwired
Eagle Mountain Announces Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 2, 2013) - Eagle
Mountain Gold Corp. ("Eagle Mountain" or the "Company")
(TSX-VENTURE:Z) (FRANKFURT:E9X1) (OTCQX:EMGCF) announces a
non-brokered private placement of up to 3,850,000 units ("Units")
at a price of $0.065 per Unit, for total gross proceeds of
approximately $250,000. Each Unit shall consist of one common share
(a "Share") and one-half of one share purchase warrant (a
"Warrant"). Each whole Warrant entitles the holder to purchase one
common share (a "Warrant Share") at a price of $0.11 for a period
of 2 years from the closing date of the private placement.
The proceeds of the private placement will be used to fund the
advancement of the Company's Eagle Mountain Project in Guyana, and
for general working capital. Completion of the private placement is
a condition of the Company's agreement for a business combination
with Goldsource Mines Inc., announced on November 26, 2013.
The private placement is subject to TSX Venture Exchange
acceptance.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered
under the United States Securities Act of 1933, as amended (the "US
Securities Act"), or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
On behalf of The
Board of Directors of Eagle Mountain Gold Corp.
Ioannis (Yannis) Tsitos,
President, CEO &
Director
This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not
under the corporations control which may cause actual results,
performance or achievements of the corporation's to be materially
different from the results, performance or expectation implied by
these forward looking statements.
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.
Eagle Mountain Gold Corp.Ioannis (Yannis) TsitosPresident, CEO
& Director(604) 806-0916(604) 806-0956Toll Free: 1-866-437-9552
(North America)1-416-489-0092 (Outside North America)Eagle Mountain
Gold Corp.Suite 1220, Oceanic Plaza1066 West Hastings
StreetVancouver, British Columbia V6E
3X1ir@eaglemountaingoldcorp.comwww.eaglemountaingoldcorp.com
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