Calgary Alberta ( May 30, 2018 ): Antioquia Gold Inc. ('Antioquia Gold" or the "Company") (TSX-V: AGD; OTC: AGDXF) is pleased to announce that it has completed its previously announced rights offering which expired on May 28, 2018 (the “Rights Offering”). The Rights Offering together with the standby commitment arrangement generated approximately $26,970,771 in gross proceeds to the Company. The Company issued 642,161,218 common shares of the Company (“Common Shares”), including 638,796,593 Common Shares to Infinita Prosperidad Minera SAC (“Infinita”) pursuant to the terms of Infinita’s standby commitment with the Company. Following completion of the Rights Offering, the Company has a total of 949,398,138 Common Shares issued and outstanding.
The Company intends to use the proceeds raised from the Rights Offering as described in its final short form prospectus dated April 19, 2018 which is available on SEDAR at www.sedar.com.For further information on Antioquia Gold Inc. contact:
|22 KB, approx. 5 seconds at 56.6Kbps|