Legend Gold Closes Non-Brokered Private Placement for Proceeds of $1 Million


January 6, 2012 – 11:31 am

TORONTO, ONTARIO–(Marketwire – Jan. 6, 2012) – Legend Gold Corp. (the “Company” or “Legend Gold”) (TSX VENTURE:LGN) is pleased to announce the closing of its non-brokered private placement announced on November 23, 2011 and re-priced December 21, 2011. The Company completed the sale of 5,000,000 common shares at a price of $0.20 per share, for total proceeds of $1,000,000. Insiders of the Company subscribed for 44% (2,175,000 common shares) of the placement. No finders’ fees were paid in co…continued
 

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