First Mexican Gold Corp. Announces Private Placement
First Mexican Gold Corp. / has arranged a non-brokered private placement to raise proceeds of up to $480,000 through the sale of 2,000,000 units at 24 cents per unit. Each unit is composed of one common share and one-half of one transferable share purchase warrant, each whole warrant being exercisable at a price of 30 cents per share for a period of two years. The financing is subject to regulatory approval.