Oregon Gold Private Placement
TORONTO, ONTARIO Private Placement-
Oregon Gold announced that it is commencing a private placement (via private offering) to raise up to $750,000 at a price of $0.075 per share. The placement will be on a best efforts basis and will consist of the sale of units that include two common shares and one warrant exercisable at $0.12 per share good for 2 years. The price of each unit will be $0.15. Use of proceeds will be for working capital and reduction of debt
to Pacific Gold Corp.
The offered securities have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the Untied States absent registration or an applicable exemption from registration requirements.
Forward Looking Information
This news release includes forward-looking statements that reflect Oregon Gold, Inc.’s current expectations about its future results, performance, prospects and opportunities. Oregon Gold, Inc. has tried to identify these forward-looking statements by using words and phrases such as “may”, “will”, “expects”, “anticipates”, “believes”, “intends”, “estimates”, “should”, “typical”, “we are confident” or similar expressions. These forward- looking statements are based on information currently available to Oregon Gold, Inc. and are subject to a number of risks, uncertainties and other factors that could cause the Company’s actual results, performance, prospects of opportunities in the remainder of 2009 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
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