Vancouver, August 30, 2016 - Intigold Mines Ltd. (the "Company") announces that subject to regulatory approval, the Company has closed the private placement of 700,000 units at a price of $0.075 per unit for gross proceeds of $52,500 as previously announced on August 17, 2016. Each unit consists of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional common share at a price of $0.10 per share for a period of 24 months from closing. The proceeds will be used for general working capital.
In accordance with securities legislation currently in effect, the securities issued will be subject to a"hold period" of four months plus one day from the date of closing, expiring December 30, 2016.
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 30, 2016 - Intigold Mines Ltd. (the "Company") announces that subject to regulatory approval, the Company has closed the private placement of 700,000 units at a price of $0.075 per unit for gross proceeds of $52,500 as previously announced on August 17, 2016. Each unit consists of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional common share at a price of $0.10 per share for a period of 24 months from closing. The proceeds will be used for general working capital.
