Cabral Gold Corp. is pleased to announce that the Company has closed its previously announced "best efforts" public offering of units . Pursuant to the Offering, the Company issued 39,291,146 units at a price of C$0.38 per Unit for gross proceeds of C$14,930,635, which included 5,079,146 Units issued pursuant to the exercise of the Agent's over-allotment option. Paradigm Capital Inc. acted as sole agent in the Offering
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