Vancouver, August 17, 2016 - Intigold Mines Ltd. (IGD - TSX-V) announced today that it has arranged a $52,500 private placement consisting of 700,000 units at a price of $0.075 per unit ("Units"). Each Unit will consist of one common share and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.10 per share for a period of two years from closing. The Company will pay finder's fees of up to 10% of the gross proceeds raised, payable in Units. The proceeds of the private placement will be used for working capital. The private placement is subject to regulatory approval.
For information on Intigold and its projects, please visit us at www.intigold.com or call 604-669-4677 or toll free at 1-888-895-5522.
INTIGOLD MINES LTD.
(signed "Lori McClenahan") Lori McClenahan, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Vancouver, August 17, 2016 - Intigold Mines Ltd. (IGD - TSX-V) announced today that it has arranged a $52,500 private placement consisting of 700,000 units at a price of $0.075 per unit ("Units"). Each Unit will consist of one common share and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.10 per share for a period of two years from closing. The Company will pay finder's fees of up to 10% of the gross proceeds raised, payable in Units. The proceeds of the private placement will be used for working capital. The private placement is subject to regulatory approval.
