SnipGold announces the closing of the Share Rights Offering with gross proceeds of $1,633,943. Insider participation in the Rights Offering totaled just over $877,000. Pursuant to the exercise of Rights, the Company issued: (i) 2,178,590 common shares entitling holders to flow-through benefits; (ii) 1,089,295 non-transferable warrants, each exercisable until September 4, 2012 to purchase one additional flow-through
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