News Column

Minera Gold Limited - Corporate Update

February 6, 2014

ENP Newswire - 06 February 2014 Release date- 04022014 - The Directors of Minera Gold Limited (ASX Code: MIZ) are pleased to provide a corporate update to shareholders and investors. Minera Gold confirms that it has paid $211,250 to the Australian Special Opportunity Fund, LP , an institutional investment fund managed by the Lind Partners, LLC (together, 'Lind'). The cash payment was the second and final tranche of funds due to Lind under the terms of the deed of settlement and release signed in late September 2013 whereby Minera Gold has now bought back 75% of Lind's outstanding convertible security. Following the release of the exciting geophysical results at Tumi and the signing of the definitive lease documentation for the 200TPD gold circuit at the San Santiago processing plant in Southern Peru , the Company advises that it is finalising an extension to the existing September series of unsecured Convertible Notes on the same terms as previously announced in early October 2013 with current and new investors. Proceeds from the issue will be used to further advance the Tumi deposit, fund CAPEX on the processing plant and provide additional working capital to Minera Gold Limited . Further details of this issue will be advised to the market once loan documentation is finalised in the coming weeks. For more information on Minera Gold please visit our web site at Contact: Mr. Ashley Pattison CEO Minera Gold Limited Tel: +1 (212) 521-4493

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: ENP Newswire

Story Tools