New Issue: International Gold raises $2.5 million in placement of stock

By Devika Patel

Knoxville, Tenn., Oct. 4 - International Gold Resources, Inc. raised $2.5 million in a private placement of shares on Tuesday, according to an 8-K filed Thursday with the Securities and Exchange Commission.

The company sold 10,000,000 unregistered common shares at $0.25 each.

International Gold is a gold mining company based in Duvall, Wash.

Issuer:	International Gold Resources, Inc.
Issue:	Stock
Amount:	$2.5 million
Shares:	10,000,000
Price:	$0.25
Warrants:	No
Settlement date:	Oct. 2
Stock symbol:	Pink Sheets: IGRU
Stock price:	$0.45 at close Oct. 2

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