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CSG: TSX-V
VANCOUVER, Dec. 4, 2012 /CNW/ - Cosigo Resources Ltd.
(TSX-V: CSG) (the "Company") today announced that, pursuant to the
terms and conditions of the Company's Employee Share Purchase Plan,
it has issued a total of 180,494 common shares of the Company to
eligible employees at a price of $0.19. Of these common shares, 142,472 were
issued to certain directors and officers of the Company. The
Employee Share Purchase Plan was approved by shareholders at the
special general meeting held on March 30,
2011.
About Cosigo Resources:
Cosigo Resources Ltd. (TSX-V: CSG) is a Vancouver-based company exploring for gold
deposits in Colombia and
Brazil. Cosigo has assembled a
strong team, well experienced in South
America and in the exploration and mining-finance
industries. The Company's flagship project is its 100% owned
Machado Project in the Taraira Gold Belt of southeastern
Colombia where geological mapping
and geochemical sampling have identified potentially gold-bearing
strata over a strike-length of more than 20 km. Cosigo's ongoing
work on the 9,973 hectare Machado Project is the first modern
exploration program in an area known to have hosted more than 100
historic gold mining operations.
On behalf of the Board of Directors
Cosigo Resources Ltd.
/s/"Dennis Milburn"
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy of this
release
SOURCE Cosigo Resources Ltd.