Orezone Gold Announces $20 Million Bought Deal Financing

Orezone Gold Corporation (TSX:ORE) announced that it has entered into an agreement with a syndicate of underwriters pursuant to which they have agreed to purchase, on a bought deal basis, 20,000,000 common shares at a price of $1.00 per share for gross proceeds to the Company of $20 million.
The Company intends to use the net proceeds of the offering for continued exploration and development of the Company’s Burkina Faso properties and for general working capital purposes.The Shares to be issued under the Offering will be offered by way of a short form prospectus in all provinces of Canada, except for Quebec.
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