New Issue: ATW Gold orchestrates C$5.9 million private placement of equity units

By Devika Patel

Knoxville, Tenn., Aug. 4 - ATW Gold Corp. said it plans a C$5.9 million non-brokered private placement of units with Ernesto Echavarria.

The company will sell 11,132,736 units of one common share and one half-share warrant at C$0.53 apiece. The whole warrants will be exercisable at C$0.65 for two years.

Proceeds will be used as working capital.

Vancouver, B.C.-based ATW Gold is a gold exploration company.

Issuer:	ATW Gold Corp.
Issue:	Units of one common share and one half-share warrant
Amount:	C$5,900,350.08
Units:	11,132,736
Price:	C$0.53
Warrants:	One half-share warrant per unit
Warrant expiration:	Two years
Warrant strike price:	C$0.65
Agent:	Non-brokered
Investor:	Ernesto Echavarria
Pricing date:	Aug. 4
Stock symbol:	TSX Venture: ATW
Stock price:	C$0.64 at close Aug. 4
Market capitalization:	C$39.1 million

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