Meadow Bay Gold Closes $2.5 Million Private Placement Financing
September 23 2011 - 1:00PM
PR Newswire (US)
VANCOUVER, British Columbia,
Sept. 23, 2011 /PRNewswire/ -- Meadow
Bay Gold Corporation ("Meadow Bay Gold") (TSXV: MAY) (OTCQX:MAYGF)
has closed a non-brokered private placement financing of
$2.5 million consisting of the
issuance of 2.5 million common shares priced at $1.00. There are no warrants attached to
the common shares. Compensation was paid to certain finders.
The financing is subject to TSXV approval and the shares will
bear the four-month standard hold period.
The funds generated will be used to continue advancement of the
Meadow Bay Gold's former producing Atlanta Mine in Nevada including ongoing exploration and
development activities.
Meadow Bay Gold Corporation
Robert Dinning, CEO
Tel: 604-907-0901
Launch IR
Matthew Harrington
Tel: 613-882-7467
Goal Capital
Danny Gravelle
Tel: 949-481-5396
SOURCE Meadow Bay Gold Corporation
Copyright 2011 PR Newswire
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