Resource Capital Gold Corp. (TSXV:RCG) announced a private placement of 2,857,200 common shares at a price of CAD 0.175 per share for gross proceeds of CAD 500,010 and 17,500,000 flow- through shares at a price of CAD 0.20 per flow -through share for total gross proceeds of CAD 4,000,010 on June 26,2017. The transaction will close the week of July 10, 2017, and is subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange, and other customary conditions. Finder’s fees may be payable on all or a portion of the gross proceeds, and will consist of a cash fee of up to 6.0% of the gross proceeds received from the sale of the common shares and flow- through shares and that number of non-transferrable share purchase warrants equal to 6.0% of the common shares and flow- through shares placed by the finder, each finder warrant entitling the holder to subscribe for one common share for 24 months from the closing date at CAD 0.175. All of the securities sold pursuant to the transaction will be subject to a four month hold period expiring on November 20, 2017.