Barkerville Announces Closing of $5,000,000 Private Placement

Barkerville Gold Mines Ltd. (TSXV:BGM) completes its private placement financing previously announced on November 15, 2010.

The press release is quoted as saying:

The proceeds of the private placement will be used, subject to approvals under the Mines Act (British Columbia), to commence mining operations at the Bonanza Ledge proposed open pit mine, further development and drilling of the Company’s assets and for general working capital purposes.

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