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Allied Gold Closes C$150 Million Offering

December 18, 2009 @ 10:15 am In Gold Company News

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.

Click here to access the entire press release [1]

Click here to access Allied Gold Corporate Site [2]


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URL to article: http://goldinvestingnews.com/2854/allied-gold-closes-c150-million-offering.html

URLs in this post:

[1] Click here to access the entire press release: http://www.marketwirecanada.com/mw/rel_ca.jsp?id=1093173&k=gold

[2] Click here to access Allied Gold Corporate Site: http://www.alliedgold.com.au/

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