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LONDON, ONTARIO--(Marketwired - Jan 22, 2016) - Montana Gold Mining Company Inc. ("MGM" or the "Company")(CSE:MGM) has modified the expiry times of certain outstanding warrants of the Company and has recently received $25,000 toward a non-brokered private placement financing.
The Company has modified the expiry times of certain outstanding warrants of the Company held by arm's length parties as follows:
The Company has received $25,000 toward a non-brokered private placement financing, which will consist of units priced at $0.05 per unit. Each unit consists of one common share and one warrant to purchase an additional common share for three years at $0.10.
Montana Gold Mining Company Inc. is a reporting issuer in good standing in the Province of Ontario whose common shares are listed on CSE (Symbol: MGM). There are 48,214,765 common shares issued and outstanding in the capital of the Company.
The Company owns a 100% interest in two gold exploration projects located in the US states of Nevada and Montana. Technical reports prepared pursuant to NI 43-101 have been filed with the Company's information on SEDAR at www.sedar.com. Further information is also available at www.montanagoldmining.com or www.Facebook/montanagoldmining.
CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Montana Gold Mining Company Inc.
Edward (Ted) Ellwood, MBA
President & CEO