Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) reported the completion of its previously announced public offering of 432,840,000 ordinary shares through a syndicate of agents led by Thomas Weisel Partners Canada Inc. and including Mirabaud Securities LLP, BMO Nesbitt Burns Inc., and CIBC World Markets Inc.
The press release is quoted as saying:
As recently announced by the Company, Allied Gold now owns approximately 96.9% of the issued and outstanding shares of Australian Solomons Gold Limited (“ASG”) as a result of its take-over bid for all of the shares of ASG, and is proceeding with a compulsory acquisition under Australian law of the balance of the ASG shares.
