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Published on 1/12/2010 in the Prospect News PIPE Daily.

New Issue: Minatura Gold sells $3.8 million of shares through private placement

By Devika Patel

Knoxville, Tenn., Jan. 12 - Minatura Gold arranged a $3.8 million private placement of stock on Dec. 21, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company sold 10,675,466 restricted common shares to Minatura International LLC.

The transaction settled on Dec. 31.

Located in Westlake Village, Calif., Minatura Gold is a private gold exploration company.

Issuer:Minatura Gold
Issue:Restricted common stock
Amount:$3.8 million
Shares:10,675,466
Warrants:No
Investor:Minatura International LLC
Pricing date:Dec. 21
Settlement date:Dec. 31

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