La Ronge Announces Private Placement
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/12/13 -- La Ronge
Gold Corp. (TSX VENTURE:LAR) (the "Company") is pleased to announce
that, subject to necessary regulatory approvals, it has arranged a
non-brokered private placement consisting of 1,000,000 flow-through
shares ("FT Shares") at a price of $0.20 per FT Share, for gross
proceeds of $200,000. The FT Shares will be "flow-through" shares
pursuant to the Income Tax Act (Canada).
The proceeds of the private placement will be used by the Company to
incur eligible Canadian Exploration Expenses, as defined by the
Income Tax Act (Canada).
The Company may pay finder's fees in connection with the private
placement, subject to compliance with the policies of the TSX Venture
Exchange (the "Exchange"). Completion of the private placement and
the payment of the finder's fees remain subject to the approval of
the Exchange. All securities issued under the private placement will
have a four-month statutory hold period.
About La Ronge Gold Corp.
La Ronge Gold is a Vancouver-based rapidly advancing gold-resource
growth and development company, focused on the expansion of
high-grade gold deposits in one of Canada's emerging gold producing
regions, the La Ronge Gold Belt, northern Saskatchewan. The Company
has significant land positions (52,932 Ha. or 131,000 acres) in the
region. The Company also holds other gold projects located in
For more information about La Ronge Gold Corp., please go to
Rasool Mohammad, B.Sc. (Mining), President & CEO
LA RONGE GOLD CORP.
This News Release includes forward-looking information and
statements, which may include, but are not limited to, information
and statements regarding or inferring the future business,
operations, financial performance, prospects and other plans,
intentions, expectations, estimates, and beliefs of the Company.
Information and statements which are not purely historical fact are
forward-looking statements. Forward-looking information and
statements involve and are subject to assumptions and known and
unknown risks, uncertainties, and other factors which may cause
actual events, results, performance, or achievements of the Company
to be materially different from future events, results, performance,
and achievements expressed or implied by forward-looking information
and statements herein. Although the Company believes that any
forward-looking information and statements herein are reasonable, in
light of the use of assumptions and the significant risks and
uncertainties inherent in such information and statements, there can
be no assurance that any such forward-looking information and
statements will prove to be accurate, and accordingly readers are
advised to rely on their own evaluation of such risks and
uncertainties and should not place undue reliance upon such
forward-looking information and statements. Any forward-looking
information and statements herein are made as of the date hereof, and
the Company assumes no obligation and disclaims any intention to
update or revise any forward-looking information and statements
herein, or to update the reasons that actual events or results could
or do differ from those projected in any forward-looking information
and statements herein, whether as a result of new information, future
events or results, or otherwise.
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.
La Ronge Gold Corp.
(604) 685-3765 (FAX)
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