MGold Announces Proposed Debenture Offering

Jan 31, 2013

CALGARY, ALBERTA–(Marketwire – Jan. 31, 2013) – MGold Resources Inc. (TSX VENTURE:MNI) (“MGold” or the “Corporation”) announced today its intention to complete a non-brokered private placement offering of 10% unsecured convertible debentures in the principal amount of up to $3,000,000. The debentures will bear interest at the rate of ten percent (10%) per annum, payable semi-annually and will mature on the date that is three years from the closing...