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NuLegacy raises C$6.1M via private placement

NuLegacy GoldCorp. said July 15 that it has raised C$6.1 million by issuing20,334,463 units at 30 cents each in its upsized nonbrokered .

Each unit consists of 1 common share and 1 common sharepurchase warrant, exercisable for 1 additional common share for 18 months at 45cents apiece.

Proceeds will be used to fund the company's gold explorationprograms and for general corporate purposes.