CALGARY, ALBERTA--(Marketwired - Jun 13, 2013) - MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE:MC)(MCYGD)(NJ6.F) announced today it is undertaking a non-brokered private placement to raise up to $200,000 through the sale of units of securities of the Company.
The units will be priced at $0.05 per unit with each unit consisting of one common share of the Company and one common share purchase warrant of the Company. Each warrant will be exercisable into one common share for a period of 60 months from closing at an exercise price of $0.10 per share beginning on the date of the closing of the offering.
The proceeds of the offering will be used for general corporate purposes.
For further information please visit the Company's website at www.millcitygold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
James R. Brown, Chairman, President & CEO