Roxgold Inc. Completes $7.5 Million Bought Deal Private Placement

Roxgold Inc. (TSXV:ROG) reports that it has closed its brokered private placement announced on April 12, 2011.

The press release is quoted as saying:

The Company has raised $7,500,000 through the issuance of 10,000,000 units (the “Units”) at a price of $0.75 per Unit. Each Unit consists of one common share (each a “Common Share”) and one-half of one share purchase warrant of the Company (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder to purchase one additional Common Share at a price of $1.00 per Common Share at any time prior to May 10, 2013. The Warrants will be transferable.

Click here to access the entire news release.

Click here to access Roxgold’s company profile.