BCGold Corp. Announces Financing
December 15, 2006
Not for dissemination in the United States or for release to U.S. newswire services
Vancouver, BC - December 15, 2006 - BCGold Corp. (the "Company") announces that it intends to complete a private placement of up to 1,500,000 units of the Company ("Units") at a price of $0.60 per Unit for gross proceeds of up to $900,000 on a non-brokered basis, subject to regulatory approval. Each Unit is comprised of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one non-flow-through common share at a price of $0.80 per share for a period of 12 months after the date of issuance, subject to acceleration in the event the closing price of the common shares of the Company on the TSX Venture Exchange is $1.25 per share or higher over a period of 20 consecutive trading days beginning on the date that is four months and one day after the date of issuance of the warrants.
The Company intends to use the proceeds from the private placement for exploration activities on its Canadian properties.
ON BEHALF OF THE BOARD OF DIRECTORS
Freeman Smith, P.Geo.
President and Chief Executive Officer
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
release.
This news release may contain forward-looking statements based on assumptions and judgments
of management regarding future events or results. Such statements are subject to a variety of
risks and uncertainties which could cause actual events or results to differ materially from those
reflected in the forward-looking statements. The Company disclaims any intention or obligation
to revise or update such statements.
Media and Investor Relations Contact:
Sacha C. Fernandes
Manager, Investor Relations
604-773-7213
Freeman Smith, P. Geo
President & CEO
250-804-4931
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