Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: Private placement

So the deadline to fill the private placement is fast approaching, and I can only assume that it has been filled as I still have not received my documentation. I certainly hope that this is the case, as I know that I am not the only one that was told that we would be emailed the necessary paperwork.

I also trust that the proceeds will be spent wisely and will help the company stay above water for a while. In the best interest of our company, I have faith that the directors have stepped up to the plate and took part in the PP, and by this I mean buy into it, not reap the rewards from it.

I would think that in a time of financial distress that any insider would forfeit this fee for the best interest of the company. Even though this IGD private placement could not be filled, Mr. Lachance was still willing to take his cut from it.

Source MARKET NEWS

Date 09/14/2012

Time 01:35:50 PM

Company Intigold Mines Ltd.

TitlePrivate

Placement Non Brokered

INTIGOLD MINES LTD. ("IGD")

- Private Placement-Non-Brokered

TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to

a the First Tranche of a Non-Brokered Private Placement announced June 25,

2012 and September 10, 2012:

Number of Shares: 719,500 shares

Purchase Price: $0.25 per share

Warrants: 719,500 share purchase warrants to purchase 719,500 shares

Warrant Exercise Price: $0.35 for a one year period

$0.45 in the second year

Number of Placees: 7 placees

Finders' Fees: Gerald Josephson $2,500 cash payable

Robert Lachance $6,987.50 cash payable

Share
New Message
Please login to post a reply