First Mexican Gold Corp. Private Placement Oversubscribed
September 12, 2011
VANCOUVER, BRITISH COLUMBIA, Sep 12, 2011 (MARKETWIRE via COMTEX) — First Mexican Gold Corp. is pleased to announce its private placement announced September 1, 2011 of 1,000,000 units has been over-subscribed and the Company has increase the private placement to 1,290,500 units which were priced at $0.24 per unit with a $0.30 half warrant exercisable for two years for total proceeds of $309,720. The Company intends to use the proceeds from the private placement in support of its planned and continuing drilling program in Mexico and for general corporate purposes. No finders fees are applicable.
