09:45 AM EST - G2 Goldfields Inc. : Proposes to complete a non-brokered private placement pursuant to which it will issue 9,615,384 units at a price of $0.52 per Unit to raise aggregate gross proceeds of approximately $5,000,000. Each Unit will consist of one common share of the Company and one-half of one share purchase warrant, with each Warrant exercisable to acquire one additional Share at an exercise price of $1.00 for a period of 18 months from the closing of the Offering. G2 Goldfields Inc.
shares V.GTWO are trading unchanged at $0.64.