Vancouver, November 17, 2017 - Meadow Bay Gold Corp. ("Meadow Bay Gold" or the "Company") (TSXV:MAY) (OTCQB:MAYGF) (Frankfurt: 20M, WKN A1C3DN) is pleased to announce the closing on November 16, 2017 of the second tranche of its non-brokered private placement (the "Private Placement") announced in its news releases dated September 27, October 19, and November 8, 2017, raising gross proceeds of $484,000 from the issuance of 9,680,000 units (the "Units") priced at $0.05 per Unit, bringing the total raised in two tranches to $1,300,500. Each Unit consisted of one common share of the Company (a "Share") and one-half of one Share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Share at an exercise price of $0.10 per Share for a period of two years from the date of issuance of the Warrant.
All securities issued under the second tranche of the Private Placement are subject to a four month hold period expiring on March 17, 2018.
The Company raised $816,500 in the first tranche through the sale of 16,330,000 Units priced at $0.05 per Unit, as announced in the Company's news release dated November 10, 2016.
The proceeds raised from the Private Placement will be used for general corporate and working capital requirements.
Robert Dinning, Chairman and Director Tel: 604-641-4450
Matthew Harrington, Launch IR Tel: 613-882-7467
Neither 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.
Copyright (c) 2017 TheNewswire - All rights reserved.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
Vancouver, November 17, 2017 - Meadow Bay Gold Corp. ("Meadow Bay Gold" or the "Company") (TSXV:MAY) (OTCQB:MAYGF) (Frankfurt: 20M, WKN A1C3DN) is pleased to announce the closing on November 16, 2017 of the second tranche of its non-brokered private placement (the "Private Placement") announced in its news releases dated September 27, October 19, and November 8, 2017, raising gross proceeds of $484,000 from the issuance of 9,680,000 units (the "Units") priced at $0.05 per Unit, bringing the total raised in two tranches to $1,300,500. Each Unit consisted of one common share of the Company (a "Share") and one-half of one Share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Share at an exercise price of $0.10 per Share for a period of two years from the date of issuance of the Warrant. 
