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chiselweed

06/20/10 1:16 PM

#1826 RE: PENNYPRINCE 1 #1825

when ever I can,, don't seeing it going any lower.
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basserdan

06/30/10 2:16 PM

#1828 RE: PENNYPRINCE 1 #1825


Can you say "dilution up the Yazoo?"


23-Jun-2010

Unregistered Sale of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities

Regulation D


On April 14, 2010, Silverado Gold Mines Ltd. (the "Registrant") completed the sale and issuance of an aggregate of 1,000,000 shares of its restricted common stock under Rule 506 of Regulation D of the Securities Act of 1933 (the "Act") to two accredited investors following such investors' exercise of common stock purchase warrants. The per share exercise price of such shares was US $0.003, resulting in an aggregate purchase price of US $3,000.

On April 28, 2010, the Registrant issued 13,000,000 shares of its restricted common stock under Rule 506 of Regulation D of the Act to one accredited investor in connection with the Registrant's sale of a promissory note to such investor for the purchase price of US $50,000.

On April 30, 2010, the Registrant completed the sale and issuance of 1,000,000 shares of its restricted common stock under Rule 506 of Regulation D of the Act to one accredited investor following such investor's exercise of common stock purchase warrants. The per share exercise price of such shares was US $0.003, resulting in a purchase price of US $3,000.

On May 12, 2010, the Registrant issued 8,333,333 shares of its restricted common stock under Rule 506 of Regulation D of the Act to one accredited investor in connection with such investor's exercise of its conversion right under a convertible debenture previously issued by the Registrant. The per share conversion price of such shares was US $0.0024, resulting in the conversion of US $20,000 under the convertible debenture.

On May 25, 2010, the Registrant completed the sale and issuance of an aggregate of 2,900,000 shares of its restricted common stock under Rule 506 of Regulation D of the Act to one accredited investor following such investor's exercise of common stock purchase warrants. The per share exercise price of such shares was US $0.003, resulting in a purchase price of US $8,700.

More at:

http://biz.yahoo.com/e/100623/slglf.ob8-k.html