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Fischer-Watt Raises $366,590

April 6, 2010 (FinancialWire) — Fischer-Watt Gold company, Inc. (OTCBB: FWGO) has raised funds totaling $366,590 through a series of private placements to qualified private investors.

Of this total amount, $195,000 was in the form of cash subscriptions with a further $171,590 being subscribed for by way of debt conversions. A total of $142,749 was subscribed for by three of the company's directors.

Each investor purchased units priced at $0.06 per unit.

On April 23 and 24, 2010, Fischer-Watt will again be presenting and exhibiting at the Chicago Resource Expo in Rolling Meadows, IL. This conference is held twice a year and offers opportunities for individual retail investors to learn about companies in the natural resources sector. The Expo is open Friday from 2: 30 p.m. to 9 p.m. and Saturday from 8 a.m. to 5 p.m. Admission is free on pre-registration to the investing public. For more information about the conference please visit www.chicagoresourceexpo.com.

Fischer-Watt is a U.S. junior mine exploration company traded on the OTCBB under the symbol of FWGO.

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