09:49 AM EST - Augustine Gold and Copper Limited : announced that its previously disclosed private placement with strategic partner and insider Queensberry Mining and Development Corp. has closed. 145,000,000 shares were issued at a subscription price of $0.10 U.S. per share, for proceeds of $14,500,000 U.S. This placement sees Queensberry increase their ownership from 102,718,500 shares representing 21.06% of the issued and outstanding shares currently to 247,718,500 shares representing 39.15% post-closing. Augustine Gold and Copper Limited
shares T.SAU are trading unchanged at $0.14.
