September 04, 2009
Roxgold Closes Non-Brokered Private Placement
Vancouver, B.C. (September 4, 2009) Roxgold Inc. (TSX.V: ROG) ("Roxgold" or the "Company") announces that further to the Company's press release June 30, 2009, it has closed a non-brokered private placement comprised of 1.1 million flow through units at a price of $0.05 per unit (the "FT Units") and 150,000 non-flow-through units at a price of $0.04 per unit (the "NFT Units") for gross proceeds of $61,00 (the "Offering"). Each FT unit is comprised of one common share and one half a non-transferable common share purchase warrant and each NFT unit is comprised of one share and one non-transferable share purchase. Each whole share purchase warrant entitles the holder to acquire an additional common share at a price of $0.07 per share until September 1, 2010 and thereafter until expiry September 1, 2011 at a price of 0.10 per share. All securities issued pursuant to the Offering will be subject to a hold period expiring January 2, 2010. Proceeds of the Offering are for general working capital and exploration on the TJ Ridge Project.
Roxgold Inc.
Per: Barry Girling
Director
Contact:
Roxgold Inc.
880 - 580 Hornby Street, Vancouver, BC
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
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