VAN_NR_Aug.-14-2020-VanGold-2nd-Tranche-PP-Close

August 14, 2020 – Vancouver, British Columbia – VanGold Mining Corp (the “Company” or “VanGold”) (TSXV:VGLD) is pleased to announce it has closed the second and final tranche of its non-brokered private placement of units (“Units”) at a price of $0.155 per Unit announced on July 21 and 22, 2020. (the “Financing”).
The Company has issued 1,797,740 Units for gross proceeds of $278,650 with each Unit consisting of one common share of the Company and one half (1/2) of a common share purchase warrant (each whole warrant a “Warrant”). Each Warrant entitles the holder to purchase an additional share at a price of $0.25 for a period of two years, subject to acceleration in certain events.