BCGold Corp. Announces $1.2 Million Non-Brokered Private Placement

BCGold Corp. (CVRE:BCG) reported that the company has the intention to complete a non-brokered private placement financing for proceeds of up to $1,200,000.

BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored historic and emerging mining districts in British Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and mid-stage, exploration opportunities and advances them towards resource development by using internal expertise, engaging preferred joint venture partners, and creating strategic alliances with major exploration and mining companies. Currently, institutional investors hold 29% of the Company’s outstanding shares and Kinross Gold Corporation holds 11%.

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