Kewagama financing

A private placement agreement has been arranged between Kewag ama Gold Mines and a private investor who is also a company director. The company will issue a maximum of 250,000 common shares and a minimum of 100,000 shares at a price of $1.60 per share. A flow-through share placement has also been completed. The issue, which was revised by the flow- through fund, resulted in $241,900 being allocated to Kewagama.