Rogue Iron Ore Spin-Out Company, Rapier Gold Inc., Completes Brokered Private Placement and Lists on TSX Venture Exchange
TRANSACTION COMPLETED ON MARCH 8, 2013; RAPIER GOLD INC. ("RAPIER") SHARES LISTED ON TSX VENTURE EXCHANGE UNDER SYMBOL 'RPR' TO FREE TRADE TUESDAY, MARCH 12, 2013
AURICO GOLD INC. ("AURICO") PARTICIPATES IN THE AMOUNT OF $1.41M FOR A 19.9% STAKE IN RAPIER
AURICO AND RAPIER HAVE FORMED A TECHNICAL ALLIANCE TO EXPLORE THE PEN GOLD PROJECT, AND AURICO HAS THE RIGHT TO MAINTAIN ITS 19.9% INTEREST THROUGH FUTURE FINANCINGS
FUNDS RAISED FOR RAPIER SPINOUT, INCLUDING SEED FINANCING AND FT FINANCING IN 2012, TOTAL $3.4 MILLION
VANCOUVER, BC - Rogue Iron Ore Corp. (TSX-V: RRS) (the "Company", "Rogue") is pleased to announce its spin-out company, Rapier Gold Inc. (TSX-V: RPR) ("Rapier"), has completed two private placements in the amount of $1,153,245 as well as secured AuRico Gold Inc. as a technical partner with a private placement of $1,410,000.
