AGORACOM Launches Portfolio Feature!
We are proud to announce that the much anticipated Portfolio feature is now live. Track your favorite US and Canadian stocks in one place., as well as, market indices and even your net wealth.
To access your portfolio, click on "My AGORACOM" at the very top of the page, and then click on "Portfolio" in the left hand navigation.
You can also access your portfolio by clicking on the "View/Edit My Portfolio" from within your "HUB Controls" on the left side of the page.
Thank-you for making AGORACOM the best small-cap community on the web. Look for more great tools and updates to help you. Post comments and feedback to George's blog.
Regards,
George, Paul and the AGORACOM Team
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 27, 2007) - Molycor Gold Corporation (the "Company") (TSX VENTURE:MOR)(PINK SHEETS :MLYFF)(FRANKFURT:M1V) is pleased to announce that, further to its news releases dated June 20, 2007 and July 19, 2007, the Company has completed its non-brokered private placement (the "Offering") of 8,524,400 units (each, a "Unit") of the Company at a price of $0.20 per Unit for aggregate proceeds of $1,704,880.00.
Each Unit consists of one common share (a "Share") of the Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant") of the Company. Each Warrant entitles the holder thereof to purchase one Share of the Company at a price of $0.25 per Share at any time and from time to time until 5 p.m. (Vancouver time) on July 26, 2008. The 8,524,400 Shares and 4,262,200 Warrants issued pursuant to this Offering, together with 4,262,200 Shares reserved for issuance upon the exercise of 4,262,200 Warrants, are subject to the hold period until November 27, 2007 in accordance with policies of the TSX Venture Exchange.
In addition, the Company has paid finders' fees of $143,288 in cash equal to 10% of $1,432,880 proceeds raised from the sale of 7,164,400 Units in connection with the Offering.
The proceeds of the Offering will be used for exploration projects and for general working capital.
On Behalf of Management
Edward Lee, President and Director
This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
FOR FURTHER INFORMATION PLEASE CONTACT:
Molycor Gold Corp.
Edward Lee
President and Director
(604) 531-9639
(604) 531-9634 (FAX)
Email: info@molycor.com
Website: www.molycor.com
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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