| Thu Aug 13, 2009 Stikine Closes Private Placement | |
| Vancouver, British Columbia: Stikine Gold Corporation (SKY:TSX.V) (the "Company") announces that it has closed the private placement originally announced on June 10, 2009 for total proceeds of $200,000. 2 million units have been issued, each consisting of one common share and one common share purchase warrant, with each warrant entitling the holder to acquire an additional common share until August 13, 2010 at a price of $0.15. All securities issued in connection with this financing are subject to a hold period expiring on December 14, 2009. Proceeds from the private placement will be used for working capital and an initial evaluation of the Company's recently staked mineral claims covering silica occurrences in north eastern British Columbia. "David Skerlec" David J. Skerlec - Chief Financial Officer For further information contact: Investor Relations Tel: (604) 684-1900 Fax: (604) 684-2902 Email: info@stikinegold.com Web: www.stikinegold.com The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. | |