Affinity Gold Corp (OTCBB:AFYG) announced a private placement of 27,250,000 common shares at a price of $0.01 per share for gross proceeds of $272,500 on November 6, 2013. The transaction saw participation from existing shareholders. The shares being issued in the transaction are restricted and will remain restricted for 12 months following the company becoming current in its regulatory filings.

On November 26, 2013, Affinity Gold Corp closed its first tranche for gross proceeds of $272,500.