Amarillo Closes Private Placement.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Amarillo Gold Corp ("Amarillo") (NEX NEX abbr. Navy exchange :AGC AGC Automatic Gain Control AGC Automotive Glass Cartridge (fuse) AGC Associated General Contractors AGC Associated General Contractors of America AGC Atypical Glandular Cells AGC Attorney-General's Chambers .H) announces that it has closed a private placement of 724,500 units at a price of $0.20 per unit for proceeds to the Company of $144,900. Each unit consists of one common share and one non-transferable share purchase warrant entitling the holder to purchase an additional common share at a price of $0.30 for one year. The shares will be subject to a hold period that will expire on November 14, 2005. There are no finder's fees Finder's fee A fee a person or company charges for service as an intermediary in a transaction. finder's fee The charge levied by a person or firm for putting together a deal. payable. The proceeds of the private placement will be used for general working capital. ON BEHALF OF THE BOARD OF DIRECTORS AMARILLO GOLD CORP. Per: Buddy Doyle, President The NEX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Amarillo Gold Corp. (NEX BOARD:AGC.H) |
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