CASTLE GOLD CORPORATION

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Type: Public
Classification: Monitor

Stock Quote: TSX-V:CSG

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80 Richmond St. West, Suite 1400
TORONTO
Ontario
Canada, M5H 2A4
Phone: +1 (416) 214-4877
Fax: +1 (416) 214-4877
Toll Free: +1 866 646 3274

Fundamental Research

Update Report (June 17, 2009)
Update Report (January 22, 2009)
Update Report (October 3, 2008)
Update Report (April 29, 2008)
Initiating Coverage (January 18, 2008)

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Company Summary

Castle Gold Corporation is gold producer with projects focused in the Americas. Key projects include the 100% owned El Castillo gold mine and La Fortuna project in Mexico. The company also holds a 50% interest in the El Sastre gold mine in Guatemala.

Company News

Wednesday, November 18, 2009

Property: EL CASTILLO (EL CAIRO)

Castle Gold announced it has closed the private placement previously announced on November 6th, 2009. The company issued 3,684,210 common shares at C$1.00 per common share raising aggregate gross proceeds of approximately C$3,684,210. The proceeds from the financing will be used to accelerate enhanced production expansion at El Castillo, Durango, Mexico and to pay one-time expenses associated with Argonaut Gold Inc.’s proposed all cash acquisition of all the shares of Castle Gold as previously announced on 28 October 2009.

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