Oceangold raises $C90m on Toronto exchange
July 9th, 2007
Filed under: Mine - Didipio, Mineral - Copper, Mineral - Gold, Mineral - Silver, Operator - APMI, Region 02 - Nueva Vizcaya | No Comments »
OceanaGold Corp said it had completed its initial public offering (IPO) on the Toronto Stock Exchange, raising $C90 million ($NZ110.6 million) through the issue of 25,715,000 shares at $C3.50 each.
The proceeds of the offering will be used to develop the Didipio Gold-Copper Project in northern Luzon, Philippines.