Molycor Private Placement Update

Company News

olycor Gold Corp. (TSXV:MOR,PINK SHEETS:MLYFF,FWB:M1V) is pleased to announce that the Non-Brokered Private Placement originally announced on August 29, 2011 has been over-subscribed.

Molycor Gold Corp. (TSXV:MOR,PINK SHEETS:MLYFF,FWB:M1V) is pleased to announce that the Non-Brokered Private Placement originally announced on August 29, 2011 has been over-subscribed.

As stated in the press release:

  • The Private Placement now consists of a total of 3,975,000 units at a price of $0.06 per unit (“Units”) for aggregate proceeds of $238,500.
  • This private placement has been fully subscribed.

Click here to read the full Molycor Gold Corp. (TSXV:MOR,PINK SHEETS:MLYFF,FWB:M1V) press release

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