Standard Gold Provides Update to Agreement in Principle for $12MM Financing

On January 4, 2012, Standard Gold, Inc. (OTCBB:SDGR) (the "Company") announced that it had executed an agreement in principle ("AIP") with Pure Path Capital Management Company LLC ("Pure Path"), whereby Pure Path would invest up to $12 million in funding. To date, the Company is still working to complete the AIP with Pure Path. To that end, the Company will initiate actions to create a wholly owned subsidiary of Standard Gold for the express purpose of meeting...continued SDGR

URL: http://www.investorpoint.com/news/METALMIN/48558661/