Multi-Metal Company Exploiting Prominent Ontario Regions

Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)

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Message: Amador 2.95 million FT, 3.87 million NFT financing

Amador 2.95 million FT, 3.87 million NFT financing

posted on May 22, 2008 01:36PM

Amador 2.95 million FT, 3.87 million NFT financing

Amador Gold Corp (C:AGX)
Shares Issued 125,428,388
Last Close 5/21/2008 $0.24
Thursday May 22 2008 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a non-brokered private placement for Amador Gold Corp. announced March 19, 2008, and amended April 9, 2008.

Number of shares: 2,952,750 flow-through shares; 3.87 million non-flow-through shares

Purchase price: 28 cents per flow-through share; 25 cents per non-flow-through share

Warrants: 6,822,750 share purchase warrants to purchase 6,822,750 shares

Warrant exercise price: 30 cents for a two-year period

Hidden placees: 38

Finders' fees: Standard Securities Capital Corp. -- $79,170; Gateway Securities Inc. -- $10,000; CIBC Wood Gundy -- $4,480

Pursuant to corporate finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly.

© 2008 Canjex Publishing Ltd.

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