July 5 (Reuters) - Mexican Gold Corp MEX.V :
* MEXICAN GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
* MEXICAN GOLD CORP - UNDERTAKING NON-BROKERED PRIVATE PLACEMENT COMPRISED OF UP TO 50 MILLION UNITS AT ISSUE PRICE OF $0.08 PER UNIT
* MEXICAN GOLD CORP - NET PROCEEDS OF PRIVATE PLACEMENT WILL BE USED FOR EXPLORATION AND ADVANCEMENT OF CO'S LAS MINAS PROJECT