Day: November 22, 2018

Mexican Gold Corp. Provides Update on Financing

MEXICAN GOLD CORP. is pleased to report that it has received a positive response to the previously announced financing which proposed a non-brokered private placement of units at $0.20 per Unit for gross proceeds of up to $3,000,000. The net proceeds from the Private Placement will be used to continue exploration on the Company’s Las Minas project located in the State of Veracruz, Mexico (up to approximately $1,100,000), property payments (US$866,666 plus Value Added Tax in Mexico), and general working capital purposes (up to approximately $600,000).

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