Vancouver, British Columbia – Further to its press release of February 8, 2012, Cortez Gold Corp. (TSXV:CUT) (“Cortez” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 4,145,351 Units (the “Units”) priced at $0.10 per Unit, for gross proceeds of $414,535.10. Each Unit consists of one common share of the Company and one-half of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder thereof to acquire an additional common share of the Company for a period of two years at a price of $0.15 per share. The Company may choose to accelerate the expiry date of the Warrants if the Company’s shares on the TSX Venture Exchange close at a minimum of $0.20 for a period of 20 consecutive trading days. A finder’s fee will be paid with regard to this private placement in the form of a cash commission of $2,963.38 and 39,511 warrants. The warrants are exercisable at $0.10 for a period of 12 months from the date of Closing. All securities issued are subject to a hold period of four months in accordance with the rules and policies of the Exchange and applicable Canadian securities laws. ON BEHALF OF THE BOARD of Cortez Gold Corp. (sgd.) “Robert Eadie” President & Chief Executive Officer For further information please contact: Robert Eadie Cortez Gold Corp. Suite 750, 580 Hornby Street, Box 113 Vancouver, British Columbia V6C 3B6 Tel: (604) 602-4935 Fax: (604) 602-4936 Email: [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
Vancouver, British Columbia – Further to its press release of February 8, 2012, Cortez Gold Corp. (TSXV:CUT) (“Cortez” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 4,145,351 Units (the “Units”) priced at $0.10 per Unit, for gross proceeds of $414,535.10. Each Unit consists of one common share of the Company and one-half of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder thereof to acquire an additional common share of the Company for a period of two years at a price of $0.15 per share. The Company may choose to accelerate the expiry date of the Warrants if the Company’s shares on the TSX Venture Exchange close at a minimum of $0.20 for a period of 20 consecutive trading days. A finder’s fee will be paid with regard to this private placement in the form of a cash commission of $2,963.38 and 39,511 warrants. The warrants are exercisable at $0.10 for a period of 12 months from the date of Closing. All securities issued are subject to a hold period of four months in accordance with the rules and policies of the Exchange and applicable Canadian securities laws. ON BEHALF OF THE BOARD of Cortez Gold Corp. (sgd.) “Robert Eadie” President & Chief Executive Officer For further information please contact: Robert Eadie Cortez Gold Corp. Suite 750, 580 Hornby Street, Box 113 Vancouver, British Columbia V6C 3B6 Tel: (604) 602-4935 Fax: (604) 602-4936 Email: [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
Vancouver, British Columbia – Further to its press release of February 8, 2012, Cortez Gold Corp. (TSXV:CUT) (“Cortez” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 4,145,351 Units (the “Units”) priced at $0.10 per Unit, for gross proceeds of $414,535.10. Each Unit consists of one common share of the Company and one-half of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder thereof to acquire an additional common share of the Company for a period of two years at a price of $0.15 per share. The Company may choose to accelerate the expiry date of the Warrants if the Company’s shares on the TSX Venture Exchange close at a minimum of $0.20 for a period of 20 consecutive trading days. A finder’s fee will be paid with regard to this private placement in the form of a cash commission of $2,963.38 and 39,511 warrants. The warrants are exercisable at $0.10 for a period of 12 months from the date of Closing. All securities issued are subject to a hold period of four months in accordance with the rules and policies of the Exchange and applicable Canadian securities laws. ON BEHALF OF THE BOARD of Cortez Gold Corp. (sgd.) “Robert Eadie” President & Chief Executive Officer For further information please contact: Robert Eadie Cortez Gold Corp. Suite 750, 580 Hornby Street, Box 113 Vancouver, British Columbia V6C 3B6 Tel: (604) 602-4935 Fax: (604) 602-4936 Email: [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
Vancouver, British Columbia – Further to its press release of February 8, 2012, Cortez Gold Corp. (TSXV:CUT) (“Cortez” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 4,145,351 Units (the “Units”) priced at $0.10 per Unit, for gross proceeds of $414,535.10. Each Unit consists of one common share of the Company and one-half of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder thereof to acquire an additional common share of the Company for a period of two years at a price of $0.15 per share. The Company may choose to accelerate the expiry date of the Warrants if the Company’s shares on the TSX Venture Exchange close at a minimum of $0.20 for a period of 20 consecutive trading days. A finder’s fee will be paid with regard to this private placement in the form of a cash commission of $2,963.38 and 39,511 warrants. The warrants are exercisable at $0.10 for a period of 12 months from the date of Closing. All securities issued are subject to a hold period of four months in accordance with the rules and policies of the Exchange and applicable Canadian securities laws. ON BEHALF OF THE BOARD of Cortez Gold Corp. (sgd.) “Robert Eadie” President & Chief Executive Officer For further information please contact: Robert Eadie Cortez Gold Corp. Suite 750, 580 Hornby Street, Box 113 Vancouver, British Columbia V6C 3B6 Tel: (604) 602-4935 Fax: (604) 602-4936 Email: [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
Each Unit consists of one common share of the Company and one-half of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder thereof to acquire an additional common share of the Company for a period of two years at a price of $0.15 per share. The Company may choose to accelerate the expiry date of the Warrants if the Company’s shares on the TSX Venture Exchange close at a minimum of $0.20 for a period of 20 consecutive trading days.
A finder’s fee will be paid with regard to this private placement in the form of a cash commission of $2,963.38 and 39,511 warrants. The warrants are exercisable at $0.10 for a period of 12 months from the date of Closing.
All securities issued are subject to a hold period of four months in accordance with the rules and policies of the Exchange and applicable Canadian securities laws.
ON BEHALF OF THE BOARD
of Cortez Gold Corp.
(sgd.) “Robert Eadie”
President & Chief Executive Officer
For further information please contact:
Robert Eadie
Cortez Gold Corp.
Suite 750, 580 Hornby Street, Box 113
Vancouver, British Columbia V6C 3B6
Tel: (604) 602-4935
Fax: (604) 602-4936
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.