MONTREAL, QUEBEC -- (Marketwire) -- 10/14/11 -- Maya Gold & Silver Inc. ('Maya' or the 'Company') (TSX VENTURE: MYA) announces its intention to complete a non-brokered private placement of a minimum of 35 Units (3,150,000 CA) and a maximum of 70 Units (6,300,000 CA). Each Unit at a price of 90,000 CA (the 'Offering'); is comprised of (i) 300,000
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