MGold Announces Oil and Gas Project Letter of Intent

Jan 4, 2013

CALGARY, ALBERTA–(Marketwire – Jan. 4, 2013) – MGold Resources Inc. (TSX VENTURE:MNI) (“MGold” or the “Corporation”) announced today that it has signed a Letter of Intent with arm’s length third parties to purchase a 92.27% working interest in a suspended D-3 Oil Unit in central Alberta for a purchase price of $500,000. MGold expects to recomplete one of the three suspended wells in the 3rd quarter of 2013 and place it on production. MGold will...

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Sutter Gold Announces Extension on Its Non-Brokered Private Placement

Jan 4, 2013

Sutter Gold Mining Inc. (TSX VENTURE:SGM)(OTCQX:SGMNF) (“Sutter” or the “Company”) is pleased to announce that the TSX Venture Exchange has granted Sutter an extension for the completion of its private placement financing, initially announced on October 18, 2012, to January 15, 2013. All terms for the balance of the US $5,000,000 offering of shares, at a price of US $0.30 per common share, remain unchanged. The Company previously closed an initial tranche of 3,356,634...

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