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Published on 2/22/2010 in the Prospect News PIPE Daily.

Nevada Gold sells $3.2 million convertible note in private placement

By Devika Patel

Knoxville, Tenn., Feb. 22 - Nevada Gold Holdings, Inc. said it arranged a $3.2 million private placement of a convertible note.

Proceeds will be used for drilling.

The gold explorer is based in Fernley, Nev.


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