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Enter Symbol
or Name
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CA



New Carolin Gold Corp
Symbol LAD
Shares Issued 61,106,021
Close 2014-12-18 C$ 0.045
Market Cap C$ 2,749,771
Recent Sedar Documents

ORIGINAL: New Carolin Gold Closes $220,000 Private Placement

2014-12-19 12:09 ET - News Release

(via Thenewswire.ca)

W hit e R ock , B . C . / TNW-ACCESSWIRE / D ece m be r 19 , 2014 / N e w C aroli n G ol d C orp . (t h e " Comp a n y " o r " N e w C arolin" ) ( TSXV : L AD ) announce s tha t i t ha s c l ose d it s non-brokere d pr i vat e p l ace m en t o f 4,400,00 0 U n i t s i n th e capi t a l o f th e C o m pan y a t a pr i c e o f $0.0 5 pe r U n it fo r gros s proceed s o f $ 220,000 . E ac h U n it cons i st s o f on e C o mm o n S har e an d on e C o mm on S har e P urchas e W arran t, w it h eac h W arran t exercisabl e t o acquir e on e additiona l C o mm o n S har e o f th e C o m pan y a t an y t i m e fo r a 12- m ont h per i o d fro m th e dat e o f i ssuanc e a t a pr i c e of $0.1 0 pe r share . A directo r an d office r o f th e C o m pan y subscr i be d fo r 200,00 0 U n i t s fo r a n i nvest m en t o f $10, 000 . Th e C o m pan y pa id finder' s fee s o f $ 17,00 0 on port i on s o f th e p l ace m ent .

Th e securitie s issue d unde r th is privat e p l ace m en t w il l b e sub j ec t t o a fou r - m ont h p l u s on e da y hol d period . Th e proceed s fro m th e sa le o f th e U n i t s w il l b e use d fo r genera l corporat e purposes.

A bou t N e w C aroli n G ol d C orp .

N e w C aro lin G o ld is a C anad i an-base d j un i o r co m pan y focuse d o n th e exploration , evaluatio n an d develop m en t o f our strateg ic 14 4 sq . k m s o f cont i guou s m i nera l c l a i m s , co ll ect i ve ly kno w n a s th e Ladne r G o ld P ro j ect . Th e pro j ec t i s locate d nea r H ope , BC , i n th e prospectiv e an d under-exp l ore d C oqu i ha lla G o ld B e l t , w h i c h is hos t t o severa l h i stor ic s m a ll go ld producer s i nc l ud i n g th e C aro lin M i ne , Em anc i pat i o n M i ne , P i peste m M i n e an d nu m erou s go ld prospects .

Fo r add i t i ona l infor m ation , pleas e visi t th e C o m pany' s w ebsit e a t www .ne w caro li ngo l d.co m .

O N BEHA L F O F TH E BOAR D O F D I REC T ORS

" R ober t L . Thast "

P residen t & C hie f E xecutiv e O ffice r

P hone : 778.294.3211

C e l l : 604.220.5031

E - m a i l : ceo @ ne w caro li ngo l d.co m

W e b s i te : www .ne w caro li ngo l d.co m

Ne it he r t h e TS X Ven t u re Exchang e no r i t s Regu l a ti o n Se r v i ce s P r ov i de r ( a s tha t te rm is de fi ne d in th e po li c i e s o f th e TS X Ven t u re

Exchange ) accep ts respons i b ility f o r t h e adequac y o r t h e accurac y o f t h is pres s re l ease . W e see k Sa fe Harbor .

No t f o r d i s t r i bu ti o n in t h e Un it e d S t a t es .

Caut i o n concern i n g forwar d - l ook i n g i nformat i o n

Th is new s r e l eas e m a y con t a in fo r wa r d- l ook i n g s t a t emen ts t ha t ar e base d o n t h e Company 's expec t a ti ons , es ti ma t e s an d pro j ec ti on s regard i n g its bus i nes s an d t h e econom ic env i ronmen t in wh i c h it opera t es . Thes e s t a t emen ts ar e no t guaran t ee s o f f u t ur e per f or m anc e an d i nvo l v e r i sk s an d uncer t a i n ti e s t ha t ar e d iffi cu lt to con t ro l o r pred i c t. There f ore , ac t ua l ou t co m e s an d re s u lts m ay d iff e r m a t er i a lly f ro m t hos e expresse d in t hes e f orwar d - l ook i n g s t a t e m en ts an d reader s shou ld no t p l ac e undu e re li anc e o n suc h s t a t e m en t s . S t a t e m en ts spea k on ly a s o f t h e da te o n wh i c h t he y a re m ade , an d t h e Co m pan y unde rt ake s n o ob li ga ti o n to upda te t he m pub li c ly to re fl ec t ne w i n f or m a ti o n o r t h e occurrenc e o f f u t ur e even ts o r c i rcums t ances , un l es s o t herw i s e requ i re d to d o s o b y l aw .

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