Atlanta Gold Inc. (TSXV:ATG) announced a non-brokered private placement of 7,142,857 common shares at CAD 0.07 per share for gross proceeds of CAD 500,000 with existing investor Jipangu Inc. on April 4, 2016. The transaction is subject to the TSX Venture Exchange approval. The securities issued are subject to a four-month statutory hold period from the date of closing.

The company will pay a finder's fee of 6%.