Visible Gold Mines (VGMIF) 0.0920 $VGMIF
Update: McEwen Mining Buys Shares In Visible Gold Mines
Ben Kramer-Miller - at Seeking Alpha - Sat Nov 01, 9:39AM CDT
MUX: 0.99 (+0.02)
McEwen Mining Files Early Warning Report in Connection With Private Placement in Visible Gold Mines Inc.
Marketwired - Tue Oct 28, 7:34AM CDT
McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has subscribed, by way of a private placement, 8,333,333 common share units (the "Units"

of Visible Gold Mines Inc. ("Visible Gold"

at a price of $0.06 per Unit for an aggregate amount of $500,000. Each Unit consists of one common share and one warrant (the "Transaction"

. Each warrant entitles McEwen Mining to purchase one additional common share in Visible Gold at a price of $0.10 until April 27, 2016. The common shares and warrants purchased pursuant to the Transaction represent ownership of approximately 10.4% of the issued and outstanding shares of Visible Gold post closing (or approximately 18.9% on a partially diluted basis).
MUX.TO: 1.17 (+0.05), MUX: 0.99 (+0.02)