Niogold Announces $500,000 Private Placement

NioGold Mining Corporation (TSXV:NOX) announced that it will conduct a non-brokered private placement of up to 1,388,889 flow-through shares at a price of $0.36 per share for gross proceeds of approximately $500,000.

As quoted in the press release:

The private placement remains subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a four-month hold period under Canadian securities laws. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold in the United States or to or for the account or benefit of a U.S. person

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