DALLAS, TEXAS : StockGuru announces that Star Gold Corp. (OTCBB: SRGZ) is in the StockGuru Spotlight. Star Gold Corp. is a gold and base metal exploration company with the purpose of evaluating, developing and acquiring gold projects of merit with a focus on the United States, Canada and Mexico. At present, Star Gold is focused on the exploration and development of its Excalibur Project and Longstreet Project, in Nevada, USA.
On Thursday, the company put out news announcing it has secured private placement financing, pursuant to Regulation S of the Securities Act of 1933, in the amount of $120,000. The placement consists of the sale of two hundred forty thousand (240,000) shares of common stock and warrants to purchase, prior to November 15, 2012, an additional 240,000 shares of common stock. The securities sold pursuant to the private placement have not been registered with the Securities and Exchange Commission (“SEC”). Because the private placement was conducted pursuant to Regulation S, the securities may not be resold except upon registration with the SEC and/or in compliance with Regulation S or pursuant to another applicable exemption from registration.
Shares for Star Gold Corp. (OTCBB: SRGZ) were steady during the day of trading on Thursday and closed with no change at closing.
To view our StockGuru Spotlight on Star Gold Corp. (OTCBB: SRGZ), please visit: http://www.stockguru.com/category/latest-spotlights/
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