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 does a 23000000 private placement

Sep 26, 2008 08:38AM
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Sep 30, 2008 12:26PM

September 29, 2008
Private Placement Amendment
Further to the Company's news release of September 9, 2008, Amador Gold Corp. (TSX-V:AGX) is pleased to announce that it is increasing its previously announced private placement for 4,000,000 units to up to 23,000,000 units. The financing will consist of flow-through units priced at $0.13 per unit. Each of the units will consist of one flow through common share and one non-flow through non-transferable share purchase warrant entitling the holder to purchase one additional common share for a period of two years at a price of $0.15 per share.

In accordance with Exchange policies, finders' fees may be paid on the funds raised. The private placement is subject to regulatory approval.

The proceeds of the private placement will be used for general working capital, exploration on the Company's Ontario properties, current property payments and new acquisitions.
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