/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./
TORONTO,
June 14, 2013 /CNW/ - 1901 - Ecuador
Gold & Copper Corp. (TSXV: EGX) is pleased to announce that it
has fully subscribed a non-brokered private placement, subject to
the polices and approval of the TSX Venture Exchange (the
"Private Placement") with Aura International Services
Ltd. for 13,560,000 common shares (the "Shares") at a
price of CDN$0.075 per Share for
gross proceeds of US$1,000,000.
The Shares issued will be subject to a
four-month hold period from the date of issuance.
The proceeds of the Private Placement will be
used for exploration and development of the Company's Condor Gold
Project and for general working capital purposes.
Cautionary Note
Neither the 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.
SOURCE Ecuador Gold and Copper Corp.