|By Marketwired .||
|June 27, 2014 04:15 PM EDT||
LONDON, ONTARIO -- (Marketwired) -- 06/27/14 -- Montana Gold Mining Company Inc. ("MGM" or the "Company") (CSE: MGM) has recently closed on a tranche of a non-brokered private placement financing totaling $65,513 and consisting of units priced at $0.05 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.10.
An application for an exploration drilling permit on the Company's Golden Trail Property in Elko County, Nevada ("Golden Trail") is in process with the Bureau of Land Management. When the application process is completed, the Company will make an announcement.
The Golden Trail is situated on the North Eastern Nevada Gold Trend (also called the Peqoup Gold Trend), a recently identified gold trend in north-eastern Nevada that in 2011 saw Newmont Mining Company ("Newmont") take over the former owner of the Long Canyon property, 52 miles south of Golden Trail for a reported $US2.3 Billion. Subsequent to Newmont's acquisition of Long Canyon, Newmont staked 211 mineral claims totaling some 4,300 acres that completely surround the Company's Golden Trail Project, which consists of 16 contiguous mining claims that total about 320 acres.
Montana Gold Mining Company Inc. is a reporting issuer in good standing in the Province of Ontario whose common shares are listed on CSE (Symbol: MGM). There are 44,166,125 common shares issued and outstanding in the capital of the Company, prior to any issuances from the private placement discussed herein.
CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Montana Gold Mining Company Inc.
Edward (Ted) Ellwood, MBA
President & CEO
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Jan. 19, 2017 04:45 PM EST Reads: 3,750
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Jan. 19, 2017 04:45 PM EST Reads: 3,459
Jan. 19, 2017 04:15 PM EST Reads: 5,395
Jan. 19, 2017 04:00 PM EST Reads: 5,423
Jan. 19, 2017 03:45 PM EST Reads: 1,788
Jan. 19, 2017 03:30 PM EST Reads: 1,026
Jan. 19, 2017 02:15 PM EST Reads: 1,045
Jan. 19, 2017 02:00 PM EST Reads: 4,774
Jan. 19, 2017 01:15 PM EST Reads: 5,663
Jan. 19, 2017 01:15 PM EST Reads: 5,155
Jan. 19, 2017 01:15 PM EST Reads: 3,521
Jan. 19, 2017 01:00 PM EST Reads: 3,764
Jan. 19, 2017 12:45 PM EST Reads: 6,355
Jan. 19, 2017 12:45 PM EST Reads: 2,541
Jan. 19, 2017 12:30 PM EST Reads: 1,191