Oct 22 (Reuters) - Mexican Gold Corp MEX.V :
* MEXICAN GOLD CORP. ANNOUNCES FINANCING
* MEXICAN GOLD - INTENDS TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT OF UP TO $3,000,000 AT A PRICE OF $0.20 PER UNIT WITH A SMALL GROUP OF INVESTORS
* MEXICAN GOLD CORP - NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE USED TO CONTINUE EXPLORATION ON COMPANY'S LAS MINAS PROJECT