CGA Mining Ltd. declared that it has concluded the private placement of 14,815,000 ordinary shares and the CAD$20 million proceeds are to be utilized to supplement working capital in the initial months of output at the Masbate Gold Mine. For full story, click here
CGA Mining Limited announced that it has completed a $25 million raise to augment its current cash position. The company is building the $170 million Masbate Gold Mine in the Philippines, which is expected to begin producing in excess of 200,000 ounces annually of gold by Q209. For full story, click here
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