June 30, 2009
Roxgold Amends Private Placement Terms
Vancouver, B.C. (June 30, 2009) -- Roxgold Inc. (the "Company") (TSX.V: ROG) announces that further to its press released of June 9, 2009 it has agreed to amend the terms of the previously announced private placement to 3 million flow through units at $0.05 per unit and 3 million non-flow through units at $$0.04 per unit. Each flow though unit is comprised of one flow-through share and one half of one non-flow through share purchase warrant. Each non-flow through unit is comprised of one share and on share purchase warrant. The warrants attached to both the flow through and the non-flow through units entitle the holder to acquire an additional common share at a price of $0.07 in the first year and $0.10 thereafter until expiry two years from closing. Where applicable, Roxgold will pay a finder's fee in accordance with the policies of the TSX Venture Exchange.
Roxgold Inc.
Per: "Alan Raven"
Alan Raven
President and CEO
Contact:
Roxgold Inc.
880 -- 580 Hornby Street, Vancouver, BC
Alan Raven, President
604-806-0991 ext 117
Email alan@roxgold.com
or
Barry Girling, Director
604-806-0991 ext 102
Email barry@roxgold.com
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
You can view the Next News Releases item: Thu Jul 2, 2009, Roxgold Options Nevada Gold Property
You can view the Previous News Releases item: Tue Jun 9, 2009, Additional "Leakage Zone" Targets Defined for 2009 Exploration; Roxgold Agrees to Terms of $240,000 Flow through Private Placement
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