ML Gold Closing of Financing
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
May 13, 2019
ML Gold Closing of Financing
ML Gold Corp. (TSX-V: MLG; FSE: XO VN.F) (“ML Gold” or the “Company”) is pleased
to announce the closing of its previously a nnounced non-brokered private placement (the
“Private Placement”) announced May 3, 2019.
Proceeds of the closing of the Private Pl acement are $1,900,000. Th e Private Placement
consisted of the issuance of 19,000,000 units (the “Units”) at a price of $0.10 per Unit.
Each Unit at $0.10 is comprised of one common share in the capital of the Company (each,
an “Share”) and one full non-tr ansferable share purchase warrant (the “Warrants”). Each
Warrant is exercisable into one common share at a price of $0.15 for a period of two years.
The Shares, issuable upon exercise of Warrants, all are subject to a hold period expiring on
September 9, 2019.
A total of $30,800, in cash and 623,000 warrants were issued as finder’s fees on the Private
Placement.
The Company also announces the granting, sub ject to regulatory acceptance, of 2,970,000
incentive stock options to cert ain officers, directors, cons ultants and employees of the
Company (the “Options”). The Options have a term of 5 years and are exercisable at a price
of $0.17 per common share.
ABOUT ML GOLD CORP.
ML Gold Corp. is a Canadian listed Company, focused on creating shareholder value through
discoveries and strategic development of mineral properties in Canada.
For additional information please visit the Company’s website at www.mlgoldcorp.com. You
may also email [email protected] or call investor relations at (604) 669-2279.
ML GOLD CORP.
“Kosta Tsoutsis”
K o s t a T s o u t s i s
CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PRO V I D E R ( A S T H A T T E R M I S D E F I N E D I N T H E P O L I C I E S O F T H E T S X
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain “Forward‐Looking Statements” within the meaning of the United States Private Securities Litigation Reform
Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”,
“target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward‐looking statements or informat i o n . T h e s e
Suite 2000 – 1177 West Hastings St
Vancouver, BC Canada V6E 2K3
T: 604-669-2279 / F: 604-602-1606
forward‐looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity,
reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral
properties or infrastructure, currency risks including the exch ange rate of US$ for CDN$, changes in exploration costs and go vernment royalties
or taxes in Canada, the United States or other jurisdictions an d other factors or information. Such statements represent the C ompany’s current
views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by
the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties.
Many factors, both known and unknown, could cause results, perf ormance or achievements to be materially different from the res ults,
performance or achievements that are or may be expressed or imp lied by such forward‐looking statements. The Company does not i ntend, and
does not assume any obligation, to update these forward‐looking statements or information to reflect changes in assumptions or changes in
circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.