New Guinea Gold to Repay NMC Loan in Shares and Warrants
VANCOUVER, BRITISH COLUMBIA–(Marketwire – 07/22/10) – New Guinea Gold Corporation (“NGG” or the “Company”) (TSX-V: NGG – News )(Frankfurt: NG8 – News ) announced that, following the renewal of EL 1091, (see Press release dated June 24, 2010), the Company elected to repay the outstanding $3 million loan to Normanby Mining Corp (“NMC”) by issuing 26,610,723 units, each unit consisting of one …
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