Golconda Announces Proposed Private Placement

CALGARY, ALBERTA--(Marketwire - Nov. 7, 2011) - Golconda Resources Ltd. (TSX VENTURE:GA) (the "Corporation" or "Golconda) announces that it intends to complete a non-brokered private placement of up to 10,000,000 units of the Corporation ("Units") at a price of $0.05 per...