TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Legend Gold Corp. (the "Company" or "Legend Gold") (TSX VENTURE: LGN) has completed the initial closing of the acquisition of the exploration permit in the Republic of Mali, West Africa. In accordance with the property purchase agreement dated , the Company will pay $500,000 cash and issue 4,000,000 common shares in exchange for a 100% interest in the Mougnina property, subject to a 2% net smelter return royalty to be retained
