San Gold Corporation

SGX Resources 3,163,864 shares for debt

2011-12-29 16:18 MT - Shares for Debt

The TSX Venture Exchange has accepted for filing SGX Resources Inc.'s proposal to issue 3,163,864 shares to settle outstanding debt for $790,966.

Creditors: 43

             INSIDER PARTICIPATION

Insider             Amount      Price       Number
                    owing        per          of
                                share       shares

Ben Hubert         $45,165      $0.25      180,660
Hugh Wynne         $65,379      $0.25      261,516
Richard D. Ginn     $9,034      $0.25       36,136
William Ferreira    $9,937      $0.25       39,748

..Traps7