CGA Mining closes C$25m offering, ramps up gold production at Masbate gold project
November 3rd, 2009
Filed under: Mine - Masbate, Operator - CGA Mining
by Proactive Investors
Australia listed gold producer CGA Mining (ASX: CGX, TSX: CGA) capped a successful quarter, closing a C$25 million share offering and increasing gold production.
A previously announced private placement of 14,705,000 ordinary shares in the company were issued at C$1.70 per share, via a brokered private placement with BMO Nesbitt Burns Inc. and a syndicate which included Haywood Securities Inc. as agents.
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