Victoria Gold Announces C$25 Million Bought Deal Financing

- August 2nd, 2010

Victoria Gold Corp. (TSX VENTURE:VIT) announced that it has entered into an agreement with a syndicate of underwriters, led by GMP Securities L.P. and including Cormark Securities Inc., Wellington West Capital Markets Inc., NCP Northland Capital Partners Inc., Paradigm Capital Inc.

Victoria Gold Corp. (TSX VENTURE:VIT) announced that it has entered into an agreement with a syndicate of underwriters, led by GMP Securities L.P. and including Cormark Securities Inc., Wellington West Capital Markets Inc., NCP Northland Capital Partners Inc., Paradigm Capital Inc.

The press release is quoted as saying:

The Company plans to use the net proceeds from the Offering for project development, exploration and general corporate purposes.

Click here to access the entire press release

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