Brazilian Gold

Australian Crusader Resources to invest $400 million in Brazil gold mine

Cecilia Jamasmie | May 22, 2012
Crusader Borborena

Australian company Crusader Resources Ltd. will invest $400 million in a gold mining project located in the Currais Novos region in Brazil’s north-eastern state of Rio Grande do Norte. The project is expected to be one of the biggest gold mines in the country.

  • Brazilian Gold closes $23 million bought deal private placement

    Marketwire | May 1, 2011
    brazilian_gold_project_map

    Brazilian Gold Corporation (TSX VENTURE:BGC) ("Brazilian Gold" or the "Company") is pleased to announce the closing of its previously announced bought deal private placement, including the full exercise of the $3,003,000 Underwriters' option (the "Offering"). Under the Offering, the Company issued an aggregate of 16,445,000 common shares (the "Common Shares") of the Company at a price of $1.40 per Common Share for gross proceeds of $23,023,000.

    The Company intends to use the net proceeds of the Offering to advance the Company's gold projects in Northern Brazil, and for general corporate purposes.

  • Banner spot 2

  • Banner spot 3