| | | Fire River Gold Increases Non Brokered Private Placement to $4 million |  view PDF |
FAU news May 4 2010
|
May 4, 2010. Vancouver, Canada - Fire River Gold Corp. (TSX-V:
FAU; OTCQX: FVGCF; FSE: FWR) ("FAU" or the "Company") announces that
further to the news release previously announced on April 16, 2010,
regarding a non-brokered private placement of 5,000,000 units for total
proceeds of $2,000,000, the Company wishes to increase the financing of
the non-brokered private placement to 10,000,000 units for total
proceeds of $4,000,000 subject to regulatory approval. All other
information from the news release dated April 16, 2010 remains the same.
About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with a superior
technical team focused on bringing it's flagship project: the Nixon Fork
Gold Mine, back into production within the next 12 months. The Nixon
Fork Gold Mine is a fully permitted and bonded gold mine with past
production values averaging 1.4 opt (42 gpt). Nixon Fork is located
within Alaska's Tintina Gold Belt, which hosts numerous world class
deposits. Fire River Gold is a member of the International Metals Group
(http://www.internationalmetalsgroup.com/).
|
On behalf of Board of Directors,
"Harry Barr"
Harry Barr
President & CEO
Disclaimer:
Certain information regarding the Company including management's assessment of
future plans and operations, may constitute forward-looking statements under
applicable securities laws and necessarily involve risks associated with mining
exploration and development, volatility of prices, currency fluctuations,
imprecision of resource estimates, environmental and permitting risks, access to
labour and services, competition from other companies and ability to access
sufficient capital. As a consequence, actual results may differ materially from
those anticipated in the forward-looking statements. A
feasibility study has not been completed and there is no certainty the disclosed
targets will be reached nor that the proposed operations will be economically
viable. 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. 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. We seek safe harbour.
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.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not Pink OTC Markets Inc. are solely responsible for the accuracy of such news releases.
|
|
|
|
| | You can view the Next News Releases item: Wed May 5, 2010, Fire River Gold Announces 3.7 opt (128 g/t) Gold Over 16.7 ft (5.1 m), Nixon Fork Gold Mine, Alaska
You can view the Previous News Releases item: Mon Apr 26, 2010, Fire River Gold Announces 2.28 opt (78.03 g/t) gold over 15.8 ft (4.8 m), Nixon Fork Gold Mine, Alaska
You can return to the main News Releases page, or press the Back button on your browser.
|