Brigus Gold Corp. Completes $8,170,000 Flow-Through Share Financing Brigus Gold Corp. ("Brigus" or the "Company") is pleased to announce it has completed its previously announced issuance of 4,805,883 common shares of the Company designated as flow-through shares for purposes of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of Cdn$1.70 per Flow-Through Share for aggregate gross proceeds of Cdn$8,170,000 (the “Offering���). Primary Capital Inc. acted as the agent in connection with the Offering. Haywood Securities Inc., Fraser Mackenzie Limited, Casimir Capital Inc. and Cormark Securities Inc. were members of the selling group and Global Hunter Securities LLC acted as a financial advisor in connection with the Offering. The proceeds from the sale of the Flow-Through Shares will be used to incur eligible Canadian Exploration Expenses, as defined under the Income Tax Act (Canada), that will be renounced in favour of the purchasers with an effective date of no later than December 31, 2011. The gross proceeds of the Offering will be used for Canadian exploration and development activities primarily at the Company���s 100% owned Black Fox Complex and Stock Mine property, both located in the Timmins Mining District, Ontario. The Flow-Through Shares issued under this Offering are subject to a four-month hold period expiring on April 3, 2012. The Flow-Through Shares will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and have not been offered or sold in the United States or to "U.S. persons" as defined in Regulation S under the U.S. Securities Act. This press release does not constitute an offer to sell the Flow-Through Shares in the United States or to U.S. persons. About Brigus Gold Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus Gold has completed its transaction to sell a 75% interest in the Ixhuatan Project located in the state of Chiapas to Cangold. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests to Everton Resources.
Brigus Gold est une société de production minière d'or basée au Canada.
Brigus Gold détient divers projets d'exploration au Canada.
Son principal projet en production est BLACK FOX au Canada, son principal projet en développement est GOLDFIELDS - BOX DEPOSIT au Canada et ses principaux projets en exploration sont STOCK MINE, GOLDFIELDS - ATHONA DEPOSIT, GREY FOX, BOX, PIKE RIVER et ATHONA au Canada, PONTON DOMINICAN REPUBLIC, LA CUEVA, LOMA EL MATE, LOMA HUECA et AMPLIACION PUEBLO VIEJO en Republique Dominicaine et IXHUATAN, HUIZOPA et IXHUATÁN - CAMPAMENTO au Mexique.