Intigold Mines Ltd. - Private Placement and Investor Relations
Vancouver, BC / TheNewswire / May 20, 2016 - Intigold Mines Ltd. (IGD - TSX-V) announced today that it has closed $100,000 of the private placement previously announced on March 7, 2016. Subject to regulatory approval, the Company will issue 1,000,000 Units ("Units") at a price of $0.10 per Unit. Each Unit will consist of 1,000,000 common shares and 1,000,000 warrants, with each warrant entitling the holder thereof to purchase one additional share at a price of $0.15 for two years from the date of closing.
The Company also announces that the Investor Relations Agreement entered into with Mid Atlantic Capital Associates SL, as announced on March 7, 2016, has been terminated.
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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