Uragold Bay New Flow-Through Units Offering Announced

Uragold Bay Resources Inc. (TSXV:UBR) reports a new flow-through unit offering.

The press release is quoted as saying:

Proceeds of the flow-through shares will be used to incur general exploration expenses in Quebec. The expenses will constitute Canadian exploration expenses and flow-through mining expenditures (as defined in the Income Tax Act (Canada), which can be renounced to purchasers for the 2010 taxation year.

Click here to access the entire news release.

Click here to access Uragold Bay’s company profile.