White Gold (WGO.V): “White Gold stock surges as Agnico ups stake in private placement”

White Gold (TSXV: WGO) has arranged a non-brokered private placement of flow-through and “normal” common shares to raise gross proceeds of C$9 million ($7m).

The flow-through shares will be issued in two tranches at different prices: C$0.98 per share under the first tranche and C$0.80 per share under the second. The common shares will be priced at C$0.70 each.

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