CALGARY, ALBERTA--(Marketwired - June 25, 2013) - MGold Resources Inc. (TSX VENTURE:MNI) ("MGold" or the "Corporation") advises that it has completed a $125,000 financing through a Note payable to John E Squarek, a director, President and CEO of MGold Resources Inc. The Note payable is for 1 year with interest at 12 percent per annum payable monthly.

MGold Resources Inc. is a Lethbridge, Alberta based corporation engaged in the exploration for petroleum and natural gas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "MNI".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

MGold Resources Inc.
John Squarek
President and Chief Executive Officer