Vancouver, British Columbia–(Newsfile Corp. – November 30, 2015) – Minaurum Gold Inc. (TSXV: MGG) (“Minaurum”) is pleased to announce it has closed the first tranche of a non-brokered private placement raising $2,507,625. Minaurum has issued 50,152,500 common shares at a price of $0.05 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share of Minaurum for a period of three (3) years at an exercise price of $0.075. The securities are subject to a four month and one day hold period. A finder’s fee of $147,000 in cash was paid in connection with this financing.