SearchGold announces a proposed non-brokered private placement, on a "best efforts" basis of up to 10,000,000 common shares of the Company at a price of $0.05 per Common Share, for aggregate gross proceeds of $500,000. The closing of the Offering is expected to occur on or about the end of February 2012 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval
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