May 6, 2014
Re: CanGold Limited - a company focused on gold.
As promised, here is my first Private Placement Alert!
Why invest in CanGold?
CanGold has the strong “three pillar platform” we look for in a company:
- Professional Management: Highly capable, hands-on and trustworthy management;
- High Merit Projects: Significant assets in stable jurisdictions. Well-researched advanced projects that display a high potential for success;
- Promotion: Management with a great track-record in creating market liquidity and shareholder-value and committed to “Name Branding” in the global investment community.
I have known Bob Archer, President and CEO of CanGold for more than 12 years when we travelled to Europe together on a multi-city European promotional tour. Over the years, with tenacity and stamina, Bob produced an exellent track-record by creating riches for investors. Not only for investors in CanGold but, also in Great Panther Silver (TSX: GPR and NYSE MKT: GPL), a company of which he is the President and CEO as well.
During the last mining market run-up, Great Panther shares went from a penny stock of 18 cent to a high of $4.90.
Consequently, with that track-record I believe Bob and his team will once agin do the same for investors in CanGold during the Next run-up in the mining market (view my mining market “Looking over the Horizon” update with Martin Armstrong video here).
The CanGold Limited (TSX-V: CLD) non-brokered private placement is for 7,500,000 units at a price of $0.10 per unit with each unit comprising one common share and one half warrant, for gross proceeds of up to $750,000. Each full warrant will be exercisable for one common share of the Company at a price of $0.18 for a period of one year from the date of issue provided, however, should the closing price of the common shares on the TSX Venture Exchange be at least $0.25 per share for 10 consecutive trading days (at any time at or following the expiry of the four month resale restriction period), the Company may, by notice to the holder (supplemented by a news release of general dissemination) reduce the remaining exercise period applicable to the warrants to not less than 30 days from the date of such notice.
I recommend you start your due diligence by perusing CanGold’s latest PowerPoint presentation here.
Please let me know if you are interested in the CanGold private placement by e-mail here and I will forward you the Subscription Agreement?
It is all about making money!
Always remember, “sell a little too early as well as a little too late”, never be too greedy and try not to sell everything at the top ("you will never go broke taking a profit")!
Stay Tuned for our Next Alert!!
Happy investing from Mining Interactive Corp. in sunny Vancouver,
Nick L. Nicolaas
Direct: +1 (604) 657-4058