Novus Gold Corp. ("NOV" or the "Company") wishes to announce that, further to its news release of October 12, 2011, it has closed its private placement by the issuance of 4,535,000 shares at $0.075 per share. The securities are subject to resale restrictions that expire on March 16, 2012. The Company intends to use the proceeds of the private placement to provide the Company with working capital.
For further information visit the company's website at www.novusgold.com or contact Gunther Roehlig, Director, at 604-683-0911.
On behalf of the board of directors of NOVUS GOLD CORP.
"Mike Magrum" Mike Magrum, President & CEO
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 news release.
This news release is not an offer or a solicitation of an offer of securities for sale in the United States. The Units and the Common Shares and Warrants have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
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Novus Gold Corp. ("NOV" or the "Company") wishes to announce that, further to its news release of October 12, 2011, it has closed its private placement by the issuance of 4,535,000 shares at $0.075 per share. The securities are subject to resale restrictions that expire on March 16, 2012. The Company intends to use the proceeds of the private placement to provide the Company with working capital.
