TORONTO, ONTARIO–(Marketwired – Feb. 15, 2017) – Rio Novo Gold Inc. (TSX:RN)(TSX:RN.WT) (“Rio Novo” or the “Company”) is pleased to announce that it has completed a non brokered private placement of 12,271,763 Ordinary Shares of the Company to Adair Investments Ltd. (“Adair”), a private Bahamas based company, at an issue price of Cdn.$0.12 per share, for an aggregate subscription amount of Cdn.$1,472,612.
