New Guinea Gold is the next big gold producer

New Gold Producer in Papua New Guinea with approx 1 million ozs in gold equivilant resources, and targets exceeding 5 millions ozs

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Message: NGG 29,166,667-share private placement

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NGG 29,166,667-share private placement

posted on Nov 27, 09 03:24AM

New Guinea Gold 29,166,667-share private placement
Ticker Symbol: C:NGG

New Guinea Gold 29,166,667-share private placement

New Guinea Gold Corp (C:NGG)
Shares Issued 156,242,480
Last Close 11/25/2009 $0.165
Thursday November 26 2009 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced Oct. 28, 2009.

Number of shares:29,166,667 shares Purchase price:12 cents per share Insider:Skana Capital Corp. (a TSX Venture Exchange-listed company), 29,166,667 Finder's fee:2,041,667 shares payable to Dal Brynelsen

? 2009 Canjex Publishing Ltd.

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