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Spanish Mountain Gold Ltd. ( “the Company”) (S PA-TSXV) is pleased to announce that its 11,671,030 $0.23 three year warrants issued on 28th September 2009 have been fully exercised. The aggregate consideration is $2,684,337 for which the Company has issued 11,671,030 common shares.
Ian Watson, Chairman of the Board, and management of the Co mpany exercised an aggregate of 5,781,322 warrants.
