San Gold Corporation: Institutional Shareholder Exercises Warrants at $0.60 per Share
24th Sep 2005, 02:04 GMT
BISSETT, MB (MARKET WIRE) Mr. Dale Ginn, President of San Gold Corporation ("San Gold") (TSX-V: SGR), is pleased to announce that an institutional investor has exercised 2,199,640 warrants to purchase common shares of San Gold at a price of $0.59923 per share for gross proceeds of $1,318,090.27 to San Gold. The proceeds of this warrant exercise are designated for use in the ongoing development of the new San Gold #1 Mine
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