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New Carolin Gold - News - Completes Private Placements


LAD-TSX.V




Completes Private Placements



 

May 19, 2016 -- New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD): Further to its news release of April 18, 2016, the Company is pleased to announce that it has completed its two concurrent non-brokered private placements of units totalling 14,690,000 units in the capital of the Company for gross proceeds of $1,028,300.


The proceeds from the offering will be used for exploration on the Company's Ladner Gold project and for general working capital and corporate purposes.



About New Carolin Gold Corp.


New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.



Mr. Robert Thast CEO Video http://www.newcarolingold.com/blank-page/


For additional information, please visit the Company's website at www.newcarolingold.com.


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