Further to the Company’s news release of September 2, 2008, Amador Gold Corp. (TSX-V:AGX) is pleased to announce that is increasing its previously announced private placement for 4,000,000 units to up to 23,000,000 units. The financing will consist of flow-through units priced at $0.13 per unit. Each of the units will consist of one flow through common share and one non-flow through non-transferable share purchase warrant entitling the holder to purchase one additional common
share for a period of two years at a price of $0.15 per share. In accordance with Exchange policies, finders' fees may be paid on the funds raised. The private
placement is subject to regulatory approval. The proceeds of the private placement will be used for general working capital, exploration on the Company’s Ontario properties, current property payments and new acquisitions.
About Amador GoldAmador Gold is well positioned to discover and capitalize on world class gold, silver, platinum, palladium, copper/nickel and diamond deposits. During the last few years the Company has strategically accumulated large land packages in existing mining or mineral districts such as the Abitibi in Ontario. The Company's assets are entirely within Canada, with a strong focus in Ontario.
Amador Gold’s properties have existing infrastructure and are often within road access to metallurgical facilities to process mined ores.
For further information contact: Alan Campbell or Kevin Hull, Hughes Exploration Group
Phone: (604) 685-2222
Or visit Amador’s web-site: www.amadorgoldcorp.com to see Smartstox interviews with our Company
President.
