Minco Gold Announces a Non-Brokered Private Placement of CND$4,400,000

Minco Gold Announces a Non-Brokered Private Placement of CND$4,400,000 - "Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM - News)(AMEX:MGH - News)(Frankfurt:MI5 - News) is pleased to announce that it has entered into an agreement with Accel China Growth Fund II L.P. ("Accel") a fund under management by IDGVC Capital Partners located in the Peoples Republic of China to purchase on a non brokered private placement of 5,000,000 common shares in the capital stock of Minco Silver at a price of CND$0.88 per share for an aggregate gross proceeds of up to CND$4,440,000 (the "Offering"). The Offering represents 10.3% of the issued and outstanding common shares of Minco Gold." More
- 09/24/09 | Item |

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