UrbanGold Minerals Inc. is pleased to announce a non-brokered private placement for $1,000,000 with Palisades Goldcorp Ltd. . The Private Placement consists of the sale of 4,166,667 units of the Company priced at $0.24 per Unit resulting in gross proceeds of $1,000,000. The Units will be comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to
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