New Issue: Nevada Pacific Gold settles private placement for C$2.77 million

By Sheri Kasprzak

New York, Dec. 12 - Nevada Pacific Gold Ltd. said it has completed a private placement for C$2,768,485.

The company issued 6,921,213 units at C$0.40 each to a single investor.

The units include one share and one warrant. The warrants are exercisable for two years at C$0.50 each.

Based in Vancouver, B.C., Nevada Pacific is a gold and silver exploration company.

Issuer:	Nevada Pacific Gold Ltd.
Issuer:	Units of one share and one warrant
Amount:	C$2,768,485
Units:	6,921,213
Price:	C$0.40
Warrants:	One warrant per unit
Warrant expiration:	Two years
Warrant strike price:	C$0.50
Settlement date:	Dec. 12
Stock price:	C$0.77 at close Dec. 12

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