Brazilian Gold Announces $20 Million Bought Deal Private Placement

Brazilian Gold Corp. (TSXV:BGC) announced it has agreed that underwriters will purchase 14,300,000 common shares in a bought deal private placement.

The press release is quoted as saying:

The Underwriters have been granted an option to purchase up to an additional 2,145,000 Common Shares at the offering price for additional gross proceeds of up to $3,003,000 exercisable at any time up until the second business day prior to the closing of the Offering.

To read the full press release, click here.