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Extorre Gold Mines announces C$25 million bought deal private placement financing

VANCOUVER, March 7, 2012 /CNW/ - Extorre Gold Mines Limited (AMEX: XG; TSX: XG; Frankfurt:E1R, "Extorre" or the "Company") is pleased to announce that it has entered into an agreement pursuant to which Canaccord Genuity Corp. (the "Underwriter"), has offered to purchase, on a bought deal private placement basis, 3,530,000 common shares (the "Shares") of the Company at a price of C$7.10 per Share for total gross proceeds of C$25,063,000 (the "Offering").