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Monday, 03/10/2014 9:50:04 AM

Monday, March 10, 2014 9:50:04 AM

Post# of 1856
Great News! San Gold Closes First-Tranche of US$65Million-Private-Placement

San Gold is now on solid financial ground for three years!

http://www.canadianminingjournal.com/press-releases/story.aspx?id=1002952912&er=NA

San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) ("San Gold") today announced the closing of the first tranche of a private placement offering of senior secured convertible notes (the "Notes"). At the first closing, San Gold issued US$23,750,000 aggregate principal amount of Notes to institutional subscribers.