Tillicum Gold Mines has completed a private placement for 415,000

at a price of 30 cents per share, with non-transferrable share purchase warrants, entitling the placees to purcahse up to 415,000 shares at a price of 40 cents per share for a 12-month period. This is a revision of the original 500,000 share purchase placement initially contemplated, the company says.

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