Onyx Gold and HighGold Mining are pleased to announce that Onyx Gold has closed its previously announced private placement, pursuant to which Onyx Gold issued 7,888,000 non-flow-through units at a price of $0.50 per HD Unit and 6,400,000 flow-through units at a price of $0.69 for gross proceeds of $8,360,000. Following the closing of the Private Placement, there are now 41,208,207 common shares in the capital of Onyx Gold
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