High Desert Gold Completes $292,400 Financing

High Desert Gold Corporation (TSX VENTURE:HDG) reported that the company has closed the first tranche of a private placement financing for gross proceeds of $292,400 through the issuance of 1,827,500 common shares of the Company at a price of $0.16 per Common Share.

The press release is quoted as saying:

HDG is a mineral exploration company that acquires and explores mineral properties, primarily gold, copper and silver, in North America. The current focus of the Company is its properties located in Mexico and the Gold Springs gold property on the Nevada-Utah border.

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