Ecuador Gold & Copper Corp. announces non-brokered Private Placement for US$1,000,000

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TORONTO, June 19, 2013 /CNW/ - Ecuador Gold & Copper Corp. (TSX-V: EGX) is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") with Aura International Services Ltd. for 13,560,000 common shares (the "Shares") at a price of CDN$0.075 per Share for gross proceeds of US$1,000,000.

The Shares issued are subject to a four-month hold period from the date of issuance.

The proceeds of the Private Placement will be used for exploration and development of the Company's Condor Gold Project and for general working capital purposes.

Cautionary Note

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Ecuador Gold and Copper Corp.

Glenn Laing
CEO & President
Telephone: [phone]
E-mail: [email protected]