VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/30/11 -- Spanish Mountain Gold Ltd. (the 'Company') (TSX VENTURE: SPA) is pleased to announce that it is undertaking a private placement of up to 25,000,000 units (the 'Units') at a price of $0.60 per unit for gross proceeds of approximately CAD$15,000,000 (the 'Offering'). Each Unit consists of
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