RE: Private Placement...
President's List:
TORONTO, ONTARIO--(Marketwire - Jan. 29, 2013) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES.
Roxgold Inc. (TSX VENTURE:ROG) (the "Company") is pleased to announce a brokered private placement of common shares ("Common Shares") through a syndicate of agents to be co-led by Toll Cross Securities Inc. and Jennings Capital Inc., and including GMP Securities L.P., and Raymond James Limited (together, the "Agents"), in which the Agents will raise up to approximately $10 million on a best efforts basis (the "Offering") at a price of $0.70 per Common Share (the "Offering"). The Agents will also have the option to increase the size of the Offering by an additional 15% at any time up to 24 hours prior to the closing date. The Company has agreed to pay the Agents a cash commission equal to 6.0% of the gross proceeds of the Offering excluding up to $1.5 million of president's list orders.
TORONTO, ONTARIO--(Marketwire - Feb. 11, 2013) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Roxgold Inc. (TSX VENTURE:ROG) (the "Company") announced that it has closed its previously announced brokered private placement (the "Offering") at a price of $0.70 per Common Share. The Company issued 14,973,214 common shares ("Common Shares") for gross proceeds of $10,481,250. The Offering was made through a syndicate of agents co-led by Toll Cross Securities Inc. and Jennings Capital Inc. that included GMP Securities L.P. and Raymond James Ltd. (together, the "Agents"). Under the Agency Agreement between the Company and the Agents, the Agents were granted the option to increase the original 14,286,000 Common Shares to be issued under the Offering by an additional 15%, which the Agents partially exercised to place an additional 687,214 Common Shares. In connection with the Offering, the Agents received a commission equal to 6.0% of the gross proceeds of the offering excluding $1,263,050 of president's list orders.
I am very much pleased that out of the $1,500,000 available on the President's List Orders....$1,263,050 was exercised...NIce!
Looking forward to determine who bought what?
Digger144
P.S. The overhang of running out of money before they reach important milestones has now been lifted....Great News!