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New Carolin Gold Corp.

03:48 PM EST - New Carolin Gold Corp. : Has completed its non-brokered private placement of 4,515,000 units in the capital of the Company at a price of $0.05 per Unit for gross proceeds of $225,750. Each Unit consists of one Common Share and one Common Share Purchase Warrant, with each Warrant exercisable to acquire one additional Common Share of the Company at any time for a 24-month period from the date of issuance at a price of $0.08 per share. New Carolin Gold Corp. shares V.LAD are trading unchanged at $0.04.