MONTREAL, Aug. 9, 2017 /CNW Telbec/ -
Algold Resources Ltd. (TSXV: ALG) ("Algold" or the "Corporation") today announced the closing of a private placement (the "Offering") of 18,583,364 units at a price of $0.20 each, for gross proceeds of $3,716,673. Each unit is composed of one common share of Algold (a "Common Share") and 0.5538 of one Common Share purchase warrant (a "Warrant"), for a total of 10,291,682
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