MOAG Copper Gold Resources Inc. Announces Closing of Private Placement of Convertible Debentures
01.12.2014 | Accesswire
Toronto, ON / ACCESSWIRE / December 1, 2014 / MOAG Copper Gold Resources Inc. ("Moag") (CNSX:MOG) announced today that it has closed its private placement of 10% Convertible Debentures for proceeds of USD$1,610,000. The Convertible Debentures have a Maturity Date of January 3, 2016 and are convertible into common shares of Moag at a price of CDN$0.20 per share.Finder's fees of USD$161,000 were paid on the private placement.
On Behalf of the Board
Bradley L. Jones, CPA, CA
Chief Operating Officer & CFO
For further information please contact:
MOAG Copper Gold Resources Inc.
Bradley L. Jones, COO & CFO
(416) 510 8397
bradley.jones@moag.ca
www.moag.ca