Bison Gold Resources Inc. Announces Private Placement
January 17 2013 - 3:30PM
Marketwired Canada
Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is
pleased to announce the closing of a non-brokered private placement of $365,000
(the "Financing"). The Company has issued 7,300,000 units ("Units") at $0.05 per
Unit for proceeds of $365,000. Each Unit consists of one common share and one
half of one common share purchase warrant (a "Warrant"). Each Warrant is
exercisable at $0.125 per share until January 17, 2015. Since December 2012, the
Company has raised gross proceeds of $1,279,000 in private placement financings.
Management has subscribed to $75,000 of the Financing.
The Financing is subject to final approval from the TSX Venture Exchange. All
common shares issued will be subject to a four-month hold period expiring May
17, 2013. The proceeds of the financing will be used to fund the Company's
ongoing exploration programs in the province of Manitoba and general working
capital.
About Bison Gold
Bison Gold is a Canadian public company listed on the TSX Venture Exchange.
Bison Gold is focused on gold, base metal and rare element exploration with
property assets in Manitoba, Canada. Bison Gold's land holdings have
historically produced in excess of 200,000 ounces of gold. Further details can
be found on Bison Gold's website at www.bisongold.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Bison Gold Resources Inc.
Mr. Chris Carmichael
CFO
(416) 488-2590
www.bisongold.com
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