VanGold Mining Corp. Announces Private Placement ~Accelerates Development of the El Pinguico Silver and Gold Project~

Vangold_21072020

July 21, 2020 – Vancouver, British Columbia – VanGold Mining Corp (the “Company” or “VanGold”) (TSXV:VGLD) has arranged a non-brokered private placement financing of up to 15,800,000 units (“Units”) at a price of $0.155 per Unit for gross proceeds of approximately $2,450,000 (the “Financing”). Each Unit will consist of one common share of the Company and one half (1/2) of a common share purchase warrant (each whole warrant a “Warrant”); with each Warrant entitling the holder to purchase one common share of the Company at a price of $0.25 within two years of closing, subject to acceleration in certain events

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