Lake Shore Gold Announces Bought Deal Financing

Lake Shore Gold Corp. (TSX:LSG) has announced that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis by way of a short form prospectus, 21,500,000 common shares and flow-through common shares of the Company.

The press release is quoted as saying:

Lake Shore Gold is a rapidly growing mining company with a goal to become a North American mid-tier gold producer through the successful exploration, development and operation of three wholly owned mines in Timmins, Ontario: Timmins Mine, Thunder Creek and Bell Creek Complex.

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