Threegold Resources Inc.

Threegold Resources Inc.

December 20, 2006 17:10 ET

Threegold Resources Inc. Files Final Short Form Prospectus for $3 Million New Issue

VAL D'OR, QUEBEC--(CCNMatthews - Dec. 20, 2006) - Threegold Resources Inc. (TSX VENTURE:THG) announces that it has filed a final short form prospectus for its proposed new issue in the province of Quebec. The offering consists of a treasury issue of a minimum of 572 units and a maximum of 1,714 units at a price of $1,750 per unit, for minimum proceeds of approximately $1 million and maximum proceeds of $3 million to Threegold. Each unit is comprised of 4,000 "flow-through" common shares at price of $0.35 per share and 1,000 common shares at a price of $0.35 per share.

Threegold will use the proceeds from the offering to advance its exploration programmes on its Vital and Gasse-Lemieux properties and to working capital. The lead agent for the public offering is Desjardins Securities Inc.

The closing of the public offering is expected to take place on December 28, 2006.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Ressources Threegold inc.
    M. Antoine Fournier, geologue
    819-825-7545 (FAX)
    Ressources Threegold inc.
    M. Daniel Duval
    Chairman of board
    819-825-7545 (FAX) (under construction)