NEW YORK, NY--(Marketwire -06\/20\/12)- Liberty Gold, Corp. (LBGO) has announced they secured a $15 million financing agreement from investor American Gold Holdings, Ltd. to finance the company's exploration activities. <\/p>\n
As per the agreement, Liberty Gold shall issue a units of the Company at the unit Price within 15 days following the date of the receipt by the Company. The unit price will be determined as the price equal to the higher of either (a) $0.45, or (b) 90% of the volume weighted average of the closing price of Common Stock, for the 5 days immediately preceding the date of the notice. <\/p>\n
The Company has also just announced they have acquired 60% interest in 2,218 acres in Central Alaska's Tolovana Mining District. This Liberty Gold is in good company, south east of their McCord Creek Project is Hecla Mining (HL) Kinross Gold (KGC) and Sumitomo Metal Mining (STMNF) (TYO:5713). <\/p>\n
For more information, please visit http:\/\/www.libertygoldcorp.com<\/a> <\/p>\n This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid IO Circuit one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind. <\/p>\n<\/p>\n See the rest here:<\/p>\n Liberty Gold, Corp. (OTCBB: LBGO) Closes Financing Agreement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" NEW YORK, NY--(Marketwire -06\/20\/12)- Liberty Gold, Corp. (LBGO) has announced they secured a $15 million financing agreement from investor American Gold Holdings, Ltd Continue reading