|By Marketwired .||
|December 24, 2013 03:54 PM EST||
MONTREAL, QUEBEC -- (Marketwired) -- 12/24/13 -- Adventure Gold Inc. (TSX VENTURE: AGE) ("AGE", the "Company") announces the closing of a non-brokered private placement offering (the "Offering"). In total, the Company issued 667,000 flow-through shares at a price of $0.15 per share for proceeds of $100,050.
In connection with the Offering, the Company didn't pay any finder's fee. All securities issued in the Offering will be subject to a four month hold period from the closing date ending on April 25, 2013. Officers of the Company participated in the Offering for total proceeds of $36,300. The proceeds of this Offering will be allocated to exploration work on the properties of the Company in Quebec.
The private placement is subject to final approval from the TSX Venture Exchange.
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Neither 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.
President & CEO