Roxgold Bought Deal Private Placement Increased to $25.9 Million

Gold Investing

Roxgold Inc. (TSXV:ROG) has increased its previously announced bought deal financing from $18.5 million to $25.9 million. 14,000,000 common shares of the Company will be purchased on a bought deal private placement basis at a price of $1.85 per Common Share by a syndicate led by Cormark Securities Inc. and including GMP Securities L.P., RBC Capital Markets, Fraser Mackenzie Limited, PI Financial Corp., Pope & Company Limited, Raymond James Limited and Toll Cross Securities Inc.

Roxgold Inc. (TSXV:ROG) has increased its previously announced bought deal financing from $18.5 million to $25.9 million. 14,000,000 common shares of the Company will be purchased on a bought deal private placement basis at a price of $1.85 per Common Share by a syndicate led by Cormark Securities Inc. and including GMP Securities L.P., RBC Capital Markets, Fraser Mackenzie Limited, PI Financial Corp., Pope & Company Limited, Raymond James Limited and Toll Cross Securities Inc.

As quoted in the press release:

The offering is scheduled to close on or about February 28, 2012 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

Click here to read the Roxgold Inc. (TSXV:ROG) press release


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