Indophil Resources NL announced an institutional placement to raise approximately A$24.5 million and a 1 for 1 pro-rata non-renounceable entitlement offer, to raise approximately A$165 million with the issue price under the Placement and Entitlement Offer at A$0.35 per new security.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.