May 31 (Reuters) - Amarillo Gold Corp AGC.V :
* AMARILLO TO COMPLETE FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF APPROXIMATELY $5.1 MILLION
* AMARILLO GOLD CORP - UPSIZED OFFERING TO A MAXIMUM OF 30.0 MILLION UNITS FOR GROSS PROCEEDS OF UP TO $6.0 MILLION
* AMARILLO GOLD CORP - ANTICIPATES CLOSING SECOND TRANCHE IN JUNE 2019.
* AMARILLO GOLD CORP - INTENDS TO USE NET PROCEEDS FROM PRIVATE PLACEMENT FOR ADVANCING COMPANY'S MINERAL EXPLORATION AND DEVELOPMENT PROJECTS